FORT Robotics Secures $20 Million in Additional Funding, Tiger Global Leads with $10 Million

FORT Robotics, Inc. announced that it has secured approximately $20 million in additional funding, with Tiger Global leading the round with a $10 million investment, and Mark Cuban Companies participating. This round of financing is expected to close this week. Tiger Global has also committed to invest an additional $10 million in the previously announced common stock PIPE, which will be completed in conjunction with the proposed business combination between FORT and Newbury Street II Acquisition Corp. The total committed capital related to the proposed business combination with FORT has exceeded $50 million.

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