Exclusive: Instacart bought his self-checkout startup for $350M. Now he's teaming with a Google DeepMind alum to build low-cost robots [Yahoo! Finance]
Maplebear Inc. (CART)
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Source: Yahoo! Finance
competitive space led by Amazon through its checkout-free Go stores. Caper used sensors, computer vision, and other AI techniques to detect items in customers' shopping carts so they could avoid cashier lines. Six months ago, Gao left his role at Instacart and Caper to tackle a new challenge—this time in robotics. His new company, Dyna Robotics, emerged from stealth on Tuesday with a $23.5 million seed round, co-led by CRV and First Round Capital, to build more affordable, easy-to-deploy AI-powered robots for brick-and-mortar businesses. The robots are intended to handle tasks ranging from dangerous to dull and dirty, including chopping food, loading dishes, folding laundry and cleaning toilets. Gao founded Dyna Robotics, which he said is being valued at around $100 million in the latest funding round, with one of his Caper co-founders, engineer York Yang, as well as Jason Ma, a Google DeepMind alum. Ma was the lead author on Eureka , a widely-read paper on training robots with hu
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CART
News
- Instacart agrees to $60M consumer refunds after FTC accuses company of hidden fees and forced subscriptions [FOX Business Network]FOX Business Network
- Instacart to pay $60M in settlement of FTC lawsuit [Yahoo! Finance]Yahoo! Finance
- Instacart to pay $60 million in consumer refunds to settle FTC lawsuit [USA TODAY]USA TODAY
- Update: Market Chatter: Instacart Says Settlement Reached With FTC Over Dynamic Pricing Platform Probe [Yahoo! Finance]Yahoo! Finance
- FTC reaches settlement with Instacart over alleged deceptive practices [CBS News]CBS News
CART
Earnings
- 11/11/25 - Beat
CART
Sec Filings
- 12/15/25 - Form 144
- 11/25/25 - Form 8-K
- 11/25/25 - Form 4
- CART's page on the SEC website