Bedrock Robotics Raises $600M at $4.1B Valuation for Self-Driving Excavators
Summary
Bedrock Robotics raises $600 million in a Series C co-led by CapitalG and Emergence Capital, valuing the two-year-old company at $4.1 billion. Excavators retrofitted with its self-driving kit now work commercially at a Nevada water treatment facility and at Texas and Zachry Construction sites. CEO Boris Sofman says the funding will expand deployments.
Key Points
- Bedrock Robotics has raised nearly $1 billion since its founding in 2024, the company says.
- CEO Boris Sofman previously led Waymo's now-shut self-driving trucks program.
- New partner Haydon, an Arizona general contractor, plans to run Bedrock-equipped machines on data center and water plant projects.