Skild AI raises a $1.4B Series C at a valuation above $14B

TechCrunch
TechCrunch
4h ago
Skild AI raised a $1.4 billion Series C round that values the robotics software startup at more than $14 billion, with SoftBank leading the round and Nvidia among the investors.
Skild AI raises a $1.4B Series C at a valuation above $14B
A What happened
Skild AI raised a $1.4 billion Series C round that values it at more than $14 billion, Bloomberg reported. SoftBank led the round, and Nvidia, Macquarie Group, 1789 Capital, and others also invested. Skild AI last raised funding at a $4.5 billion valuation in the prior summer, Bloomberg reported. CEO Deepak Pathak told Bloomberg the company has raised more than $2 billion to date.
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Key insights

  • 1

    Robot training time is identified as a key adoption hurdle: The text states that one of the biggest hurdles in robot adoption for personal and industrial use cases is the amount of training required for robots to learn each new task.

  • 2

    Learn-as-you-go robotic software is positioned as a path to wider adoption: The text states that being able to learn and adapt as robots operate would clear the path for more robotic adoption.

Takeaways

Skild AI’s latest funding round values the company at more than $14 billion as it develops general-purpose robotic foundation models intended to reduce task-specific training needs.

Topics

Technology & Innovation Artificial Intelligence Business & Markets Startups/VC Robotics

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