Bedrock Robotics

Construction Technology · Robotics · Autonomous Vehicles

Funding

Bedrock Robotics lands $600M Series C at $4.1B valuation

Fully autonomous excavators are now completing paid work on live job sites, not just demos.

• Bedrock Robotics raised $600 million in Series C funding at a $4.1 billion post-money valuation, co-led by CapitalG and Emergence Capital.
• Founded in 2024 by former Waymo engineers, Bedrock builds autonomy systems that turn standard excavators and other heavy equipment into fully autonomous machines for active job sites.
• The round brings Bedrock's total funding to nearly $1 billion, following a prior Series B reported at $270 million and a $1.75 billion valuation.
• In mid-August 2026, Bedrock's autonomous excavators began performing paid work on live commercial job sites, which the company calls a milestone for physical AI.
• Construction employers must fill about 1.7 million openings a year through 2035, and 87% of firms already report unfilled hourly craft positions.
• The deal signals growing investor conviction that 'physical AI' can ease the construction industry's chronic skilled-labor shortage by automating repetitive heavy-equipment tasks.