The round was co-led by Felicis and Inovia Capital, with participation from Caltech + Wilson Hill, and Naval Ravikant. The company is developing a unique software-only solution to solve general-purpose navigation for autonomous hardware like robots.

Tera is developing a platform-agnostic, software-only spatial reasoning system that enables any robot to navigate its surroundings with its own camera. Developed by a team of leading ML researchers, Tera aims to help robots navigate new environments similar to how humans can - with no prior setup or additional sensors and external signals from the environment.