Bedrock Robotics, a San Francisco company that makes kits to turn existing excavators into autonomous machines, has raised $600m in a Series C round at a post-money valuation of $4.1bn. The company announced the round on 26 October 2026.
CapitalG and Emergence Capital co-led the financing. New investors US Innovative Technology Fund (USIT), Bessemer Venture Partners and Temasek joined, alongside existing backers 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital and NVIDIA.
The round brings Bedrock's total funding to nearly $1bn. TechCrunch noted how quickly the two-year-old company has risen, as the round comes about two months after its machines moved beyond tests and pilots into commercial work.
“We have proven that fully autonomous excavators can perform real work of value alongside the crews and workflows already in place on job sites.”Boris Sofman, Co-founder and CEO, Bedrock Robotics
What Bedrock Robotics does
Bedrock builds autonomy systems that are retrofitted onto the heavy equipment contractors already own, starting with excavators. The company says the aim is to build towards mixed fleets of machines that can coordinate their own work across a whole site.
In mid-August 2026, Bedrock's excavators began doing paid work fully autonomously on live commercial job sites. According to TechCrunch, they are now operating at a water treatment facility in Nevada, on an earthwork site run by Champion Site Prep in Texas, and on a 1.2 million cubic yard civil project with Zachry Construction Corporation.
The company was founded in 2024 and is led by former Waymo engineers. Chief executive Boris Sofman previously ran Waymo's self-driving truck programme and co-founded the consumer robotics company Anki. TechCrunch reported that fellow Waymo alumni Kevin Peterson, the chief technology officer, and Ajay Gummalla are among the co-founders, along with Tom Eliaz, who worked at Segment and Twilio.
A labour gap on construction sites
Bedrock is betting that a shortage of skilled operators will push contractors towards automation. The company told TechCrunch that it takes five years or more to master an excavator, and TechCrunch cited an estimate from the trade group Associated Builders and Contractors that more than 40% of construction workers will retire within five years.
Bedrock says it has more than doubled its customer volume since 2025. Its newest partner is Haydon, an employee-owned general contractor based in Tempe, Arizona, which is deploying the system for autonomous earthwork on a remote site in Texas and plans to test trench work and larger machines.
The company also named new customers in Minnesota, Florida, Virginia, Colorado, Missouri, Georgia and Arkansas, taking its machines beyond the West and Central South into the Midwest and South Atlantic.
What the money is for
Bedrock will use the funding to put more autonomous machines on more contractors' sites and to build the field, commercial and operations teams needed to support them.
Sofman said the company has proven its excavators can do real work alongside existing crews, and that the next challenge is making that capability a dependable part of how projects are built for many more contractors.
Bedrock has also hired two executives. Amy Jones Satrom, who previously worked at Amazon, Nuro and Uber, joins as vice president of operations, and Lando Juarez, formerly head of legal for Uber's autonomous mobility and delivery business, joins as general counsel.
CapitalG general partner Derek Zanutto said Bedrock had moved from technical development to autonomous work on live sites one year after coming out of stealth. Jake Saper, a general partner at Emergence Capital, said construction is the clearest example of industries that cannot hire the skilled labour they need.
Company website: bedrockrobotics.com