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Skild AI raised $300M in a Series A funding round led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (through Bezos Expeditions) to build a scalable AI foundation model for robotics.

Jul 09, 2024about 1 year ago

Amount Raised

$300 Million

Round Type

series a

PittsburghRoboticsMachine LearningArtificial Intelligence

Investors

Carnegie Mellon UniversitySv AngelAmazonCrvGeneral CatalystMenlo VenturesSequoiaFelicis VenturesJeff Bezos (Through Bezos Expeditions)Soft Bank GroupCoatueLightspeed Venture Partners

Description

Skild AI, an AI robotics company, closed a $300M Series A funding round led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (through Bezos Expeditions), with participation from other investors. The funding brings the company to a valuation of $1.5B. Skild AI is focused on building intelligence that is grounded in the physical world and breaking the data barrier in robotics.

Company Information

Company

Skild AI

Location

Pittsburgh, Pennsylvania, United States

About

Skild AI is an AI robotics company focused on building a scalable foundation model for robotics. They are breaking the data barrier in robotics by training their model on a significant amount of data points. Their goal is to enable the use of low-cost robots across a broad range of industries and applications, addressing labor shortages and potentially dangerous tasks.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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