Robotics startup CynLr eyes $75 million raise, targets break-even before 2030 IPO
Published on: Feb. 17, 2026, 3:12 p.m. | Source: CNBC TV18
CynLr is looking to raise a total of $75 million in phases, beginning with an immediate $40 million round, followed by another $35 million. Of this, around $20 million is required as operational capital to scale to $45-50 million in revenue and reach break-even. Founder Gokul NA said that the round will be a mix of debt and equity, and the company is seeking a higher valuation than its previous raise in November 2025.
