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Skild AI raised $1.4B in a Series C funding round led by SoftBank, reaching a valuation of over $14B. This marks a record in robotics AI funding, highlighting investor confidence in its innovative technology.
Salesforce VenturesSchneider ElectricLgSequoia CapitalCoatueLightspeedBezos ExpeditionsNvidia’s N VenturesSoft Bank
Description
Skild AI, a robotics startup, closed a $1.4 billion Series C funding round led by SoftBank, achieving a valuation of over $14 billion. This event makes Skild the largest recipient of robotics AI funding in history. The company has demonstrated significant revenue growth, reaching approximately $30 million within months. The funding will support its hardware-agnostic AI technology and recent acquisition of Zebra Technologies' Robotics Automation business.
Company Information
Company
Skild AI
Location
Pittsburgh, Pennsylvania, United States
About
Skild AI is an AI robotics company focused on building a scalable foundation model for robotics. They are breaking the data barrier in robotics by training their model on a significant amount of data points. Their goal is to enable the use of low-cost robots across a broad range of industries and applications, addressing labor shortages and potentially dangerous tasks.
PittsburghArtificial IntelligenceMachine LearningRobotics