Bedrock Robotics secures $600M for autonomous construction machines

CapitalG and Emergence Capital co-led the Series C round, which valued the autonomous construction equipment startup at $4.1 billion. The financing brings its total funding to nearly $1 billion, according to The Next Web, as Bedrock expands to more contractors and regions following early commercial deployments, according to RuntimeWire.

• A shortage of skilled operators partly explains Bedrock's focus on excavators, according to TechCrunch.
• Nvidia and Bessemer also participated in the round, according to SiliconANGLE.

Covered by 5 publishers within 12 hours of the first report.

• RuntimeWire: Bedrock raises $600M after putting autonomous excavators on paid job sites
• Latest 1:45 PM ET TechCrunch: This startup’s self-driving excavators help dig up $600M in new funding

Reporting5

BL Bloomberg Autonomous Construction Firm Bedrock Hits $4.1 Billion Valuation · Ed Ludlow 8:00 AM

RTW RuntimeWire Bedrock raises $600M after putting autonomous excavators on paid job sites · RuntimeWire Staff 11:27 AM

TNW The Next Web Bedrock Robotics raises $600M as its self-driving excavators win paid work · Cristian Dina 12:16 PM

TC TechCrunch This startup’s self-driving excavators help dig up $600M in new funding · Kirsten Korosec 1:45 PM

SA SiliconANGLE Autonomous excavator startup Bedrock Robotics picks up $600M in funding · Maria Deutscher 7:48 PM

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