Bedrock Robotics automates large excavators to improve construction site economics. | Credit: Bedrock Robotics
San Francisco-based Bedrock Robotics has raised $600 million in Series C funding, co-led by CapitalG and Emergence Capital, at a $4.1 billion valuation. The round brings its total funding to nearly $1 billion as it scales fully autonomous heavy equipment to address nationwide construction labor shortages.
The round included new investors US Innovative Technology Fund (USIT), Bessemer Venture Partners, and Temasek, alongside existing investors 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital, NVIDIA, and others. Bedrock said this will accelerate the deployment of Bedrock-equipped machines across commercial construction sites across the U.S., helping contractors use existing heavy equipment more safely, predictably, and at greater capacity.
The new capital follows a rapid commercial expansion beyond the company’s initial footprint in the West and Central South into the Midwest and South Atlantic. Anchored by a major partnership with Southwest contractor Haydon to automate earthwork in Texas, Bedrock has added regional partners across Minnesota, Florida, Georgia, Missouri, and Virginia—pushing its autonomous retrofits onto live job sites spanning data centers, healthcare facilities, and heavy civil infrastructure.
“We have proven that fully autonomous excavators can perform real work of value alongside the crews and workflows already in place on job sites,” said Boris Sofman, co-founder and CEO of Bedrock Robotics. “The next challenge is delivering that capability to more contractors as a dependable part of how projects get built.”
“This funding allows us to expand deployments, strengthen the field operations behind every machine, and work with more partners as they integrate intelligent systems into everyday work,” he added.
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