Bedrock Robotics raised $600 million in Series C funding co-led by CapitalG and Emergence Capital, bringing its total raised to nearly $1 billion at a $4.1 billion valuation. The San Francisco-based startup develops autonomous retrofit kits for excavators powered by Nvidia AI accelerators, lidar, and specialized sensors. Led by Waymo veteran Boris Sofman, Bedrock has begun commercial deployments with partners like Zachry Construction and Haydon to help address widespread construction labor shortages.
Bedrock Robotics raises $600M Series C
- ▪CapitalG and Emergence Capital co-led the $600 million Series C round for Bedrock Robotics, which brings its total raised capital to nearly $1 billion since 2024
- ▪Investors including Nvidia, Bessemer Venture Partners, US Innovative Technology Fund, Temasek, 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, and Perry Creek Capital participated in Bedrock Robotics' $600 million Series C round
- ▪San Francisco-based Bedrock Robotics raised $600 million in a Series C funding round at a $4.1 billion post-money valuation
Features of the Bedrock Operator kit
- ▪The Bedrock Operator's computing module inside an excavator's cabin runs on an Nvidia AI accelerator chip and utilizes an inertial measurement unit to correct GPS signal errors on uneven terrain
- ▪Bedrock Robotics sells an autonomy kit, the Bedrock Operator, that retrofits onto excavators to allow navigation and earthmoving with minimal human input
- ▪Bedrock Robotics' Bedrock Operator system includes a roof-mounted sensor array with eight cameras and a lidar device to detect nearby objects in low-light conditions
Commercial deployments and construction partnerships
- ▪Arizona-based general contractor Haydon partnered with Bedrock Robotics to use autonomous excavators across data center, water treatment, healthcare, and manufacturing projects
- ▪Bedrock Robotics has begun commercial site operations at a Nevada water treatment facility, a Texas earthwork site with Champion Site Prep, and a sitework project with Zachry Construction
Bedrock Robotics leadership and key hires
- ▪Bedrock Robotics hired Amy Jones Satrom as vice president of operations and Lando Juarez as general counsel to scale its commercial operations
- ▪Bedrock Robotics was co-founded by CEO Boris Sofman, former head of Waymo's self-driving truck unit and co-founder of Anki Robotics, alongside Waymo veterans Kevin Peterson and Ajay Gummalla
Construction labor shortages drive demand
- ▪Bedrock Robotics states that mastering an excavator takes five years or more, creating operational challenges as experienced workers retire
- ▪The Associated Builders and Contractors trade association estimates that over 40% of current construction workers will reach retirement age within five years
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