Bedrock Robotics raises $600M Series C at $4.1B valuation for autonomous excavator technology
Bedrock Robotics, a two-year-old autonomous vehicle startup, raised $600 million in a Series C round co-led by CapitalG and Emergence Capital, valuing the company at $4.1 billion. The company sells a retrofit self-driving kit for construction excavators and other worksite vehicles. Its machines now operate commercially at a Nevada water treatment facility, a Champion Site Prep earthwork site in Texas, and a Zachry Construction Corporation civil sitework project. The funding will go toward deploying at more sites and expanding field support teams. The article is business news and reports no security incident, vulnerability or threat activity.
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Bedrock Robotics raises $600M Series C at $4.1B valuation for autonomous excavator technology
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Bedrock Robotics, a two-year-old autonomous vehicle startup, raised $600 million in a Series C round co-led by CapitalG and Emergence Capital, valuing the company at $4.1 billion. The company sells a retrofit self-driving kit for construction excavators and other worksite vehicles. Its machines now operate commercially at a Nevada water treatment facility, a Champion Site Prep earthwork site in Texas, and a Zachry Construction Corporation civil sitework project. The funding will go toward deploying at more sites and expanding field support teams. The article is business news and reports no security incident, vulnerability or threat activity.