Bedrock Robotics raises $600M as its self-driving excavators win paid work

Bedrock Robotics has closed a $600M Series C funding round co-led by CapitalG and Emergence Capital, valuing the San Francisco startup at $4.1bn. This brings the company's total funding to nearly $1bn. The startup focuses on developing autonomous excavators to address the growing shortage of skilled operators. This latest valuation marks a significant increase from the $1.75bn valuation reported in February, as the company's self-driving excavators have successfully secured paid work in the field.