Hellbender Secures $12.5M Seed Funding to Advance Physical AI Infrastructure

Hellbender, a leading Physical AI infrastructure company, closes a $12.5 million seed funding round co-led by Magarac Venture Partners and Veredas Partners to accelerate the rollout of edge AI platforms and expand its team. The company also unveils new AI hardware, including a line of physical AI cameras, aiming to deliver production-ready intelligence for mission-critical industries.