Kilambi News
Thursday, October 29, 2026

Bedrock Robotics raises $600 million at $4.1 billion valuation

Infrastructure Thursday, October 29, 2026 - Updated Oct 29, 2026 07:11

Bedrock Robotics has raised $600 million in a Series C round co-led by CapitalG and Emergence Capital, valuing the autonomous construction equipment company at $4.1 billion.

Why it matters: At nearly $1 billion raised in two years, Bedrock is capitalising the automation of earthmoving at infrastructure scale, with its machines already doing paid work on data center and heavy civil sites.

Data as of Series C announced October 26, 2026; company announcement reported by TechCrunch and Construction Dive, read in this run. Corroborates the gaps.json single-source flag on Construction Dive.

Bedrock Robotics, the San Francisco company whose technology turns heavy equipment into autonomous machines, has raised $600 million in a Series C funding round co-led by CapitalG and Emergence Capital. The round brings total funding to nearly $1 billion and values the company at $4.1 billion post-money, more than double the $1.75 billion valuation on its $270 million Series B in February.

New investors US Innovative Technology Fund, Bessemer Venture Partners and Temasek joined the round, alongside existing backers including 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital and Nvidia. Bedrock was founded in 2024 by veterans of Waymo’s autonomous vehicle programmes, led by co-founder and chief executive Boris Sofman.

The company says it has more than doubled customer volume since 2025, and its autonomous excavators began paid work on live commercial sites in August. Customers named in the announcement include Sundt Construction, Zachry Construction and Haydon, which will use the machines across building and heavy civil projects including data center jobs, plus Wagner Construction, B&S Site Development, Native Excavating, Clarkson Construction, C.W. Matthews, Smith Trucking and ArchKey Solutions.

Bedrock plans to move beyond excavators toward mixed fleets of heavy machinery and to expand the field infrastructure behind each machine. “We have proven that fully autonomous excavators can perform real work of value alongside the crews and workflows already in place on job sites,” Sofman said. “The next challenge is delivering that capability to more contractors as a dependable part of how projects get built.” The company also hired Amy Jones Satrom as vice president of operations and Lando Juarez as general counsel.

Sources

  1. Bedrock Robotics digs up $600M in new funding - Construction Dive - 2026-10-28
  2. This startup's self-driving excavators help dig up $600M in new funding - TechCrunch - 2026-10-26