Matic founder fires back: funding announcements aren't cash in the bank
mehul · x · 2026-08-30
Matic's founder continued the exchange: a funding announcement doesn't mean the money was raised at that time; the company takes security seriously—its robots have no cloud and can run fully offline, likely making them the most secure robots available—but can do more, which is why he got back to security researcher Sammy. The critic countered that scores of FOSS projects run bug bounties, and that Matic announced a $60M raise just six months ago after growing on roughly $40M over 8-9 years, so it has plenty of "fuel."
Related event: Matic Robot founder responds to security criticism amid funding dispute(3 posts)→
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