This startup's self-driving excavators help dig up $600M in new funding
News Source
โขMon, 26 Oct 2026 17:45:00 +0000
๐ฐ What Happened
Bedrock Robotics has raised $600 million in new funding. The round values the two-year-old company at $4.1 billion. CapitalG and Emergence Capital led the deal, which is called a Series C.
Bedrock makes a self-driving kit that can be bolted onto excavators and other work machines. The company says its robots are now doing paid work at a water plant in Nevada and at building sites in Texas.
๐ The Backstory
Bedrock was founded in 2024 by people who built self-driving cars and robots. CEO Boris Sofman once ran Waymo's self-driving truck team. He also started Anki, a toy robot company that closed in 2019.
Construction firms struggle to find skilled machine operators. Self-driving gear lets one person run several machines at once. The company has raised nearly $1 billion in total since it started.
๐ฏ Why It Matters
Robot diggers could speed up building roads and homes, and may lower costs. They could also change the jobs of people who run heavy machines today.
Bedrock Robotics has raised $600 million in new funding. The round values the two-year-old company at $4.1 billion. CapitalG and Emergence Capital led the deal, which is called a Series C.
Bedrock makes a self-driving kit that can be bolted onto excavators and other work machines. The company says its robots are now doing paid work at a water plant in Nevada and at building sites in Texas.
Bedrock was founded in 2024 by people who built self-driving cars and robots. CEO Boris Sofman once ran Waymo's self-driving truck team. He also started Anki, a toy robot company that closed in 2019.
Construction firms struggle to find skilled machine operators. Self-driving gear lets one person run several machines at once. The company has raised nearly $1 billion in total since it started.
Robot diggers could speed up building roads and homes, and may lower costs. They could also change the jobs of people who run heavy machines today.