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Bedrock Robotics Raises $600M in Series C Funding for Autonomous Excavators
Key points
- Bedrock Robotics raised $600 million in Series C funding.
- The funding values the company at $4.1 billion.
- Autonomous excavators are commercially operating on construction sites.
- Capital will fund expansion and support for more customer deployments.
- Construction robotics funding reached $1.6 billion through October 29, 2023.
- This funding is more than three times the previous peak in 2021.
- The funding is over four times the $389 million recorded in all of 2025.
- Three companies raised the majority of the construction robotics funding.
- Bedrock Robotics' excavators operate on commercial projects in Texas and Nevada.
Funding Round Details
Bedrock Robotics, a two-year-old autonomous vehicle technology startup, has completed a Series C funding round, raising $600 million. This investment values the company at $4.1 billion. The round was co-led by CapitalG and Emergence Capital, bringing Bedrock's total funding to nearly $1 billion since its founding in 2024.
Commercial Deployment Milestone
The funding follows a recent milestone where Bedrock Robotics moved its autonomous excavators from testing and pilot programs to commercial operation on active construction sites. This transition occurred two months prior to the funding announcement. The company's self-driving kits can be retrofitted onto various worksite vehicles.
Current Operations
Excavators equipped with Bedrock's autonomous technology are currently in commercial use at a water treatment facility in Nevada, an earthwork site managed by Champion Site Prep in Texas, and a civil sitework project with Zachry Construction Corporation involving 1.2 million cubic yards of material.
Future Plans and Market Need
The new capital will support Bedrock's expansion into more construction sites and the growth of its teams and infrastructure to support field customers. Bedrock focuses on autonomous excavators due to a growing shortage of skilled operators; the company notes it takes over five years to master excavator operation, and over 40% of construction workers are expected to retire within the next five years.
Leadership Background
Bedrock Robotics was founded by veterans from the autonomous vehicle and robotics industries. Co-founder and CEO Boris Sofman previously led Waymo's self-driving trucks program and co-founded Anki Robotics. Other co-founders include Waymo veterans Kevin Peterson (CTO) and Ajay Gummalla (VP of Engineering and Infrastructure), along with Tom Eliaz (VP of Engineering and Hardware), who previously worked at Segment and Twilio.
Updates
- Construction robotics funding reached $1.6 billion through October 29, 2023.
- This funding is more than three times the previous peak in 2021.
- The funding is over four times the $389 million recorded in all of 2025.
- Three companies raised the majority of the construction robotics funding.
- Bedrock Robotics' excavators operate on commercial projects in Texas and Nevada.
✨ This summary was generated by AI from the outlets' reporting listed below. It is not independently verified and may contain errors — check the original sources. How BrevFeed works →
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How outlets covered it
Funding for construction robotics companies has reached $1.6 billion through October 29, 2023, more than three times the previous peak in 2021. This surge is driven by large investments in a few companies, as the construction industry seeks automated solutions for labor shortages.
Bedrock Robotics secured $600 million in Series C funding, valuing the company at $4.1 billion, to expand the commercial deployment of its self-driving excavator technology. The startup's autonomous excavators are now operating on active construction sites, addressing a shortage of skilled operators in the construction industry.