Faraday Future obtains $25M to ship 1,500 robots by year’s end

Faraday Future raised $25 million in new funding to support delivery of 1,500 robots by year-end, bringing total financing to $70 million over two months. The company is mobilizing capital to scale production and deployment of its robotic systems.

Combined with the $45 million financing announced in April, Faraday Future has secured a total of $70 million over the past two months. The post Faraday Future obtains $25M to ship 1,500 robots by year’s end appeared first on The Robot Report .

This story was originally published by Robotics Business Review.