Dive brief:
- Bedrock Robotics, a construction technology company that retrofits existing heavy machinery with autonomous technology, has it raised $270 million in a Series B funding roundaccording to a February 4 press release from the firm. The round brings the company’s total funding to more than $350 million and its valuation to $1.75 billion.
- The company’s flagship product is the Bedrock Operator, which uses lidar, GPS and motion sensors to enable existing crews to navigate and perform work on job sites autonomously. Bedrock says it mounts on machines in a matter of hours, with no downtime or permanent equipment modifications.
- The funding round is the latest example of a major shift in workplace gear, as Bedrock isn’t the first company with an explosive, multibillion-dollar funding round in recent months.
Diving knowledge:
Bedrock’s funding rise has been meteoric: it quietly launched in July 2025 with $80 million in Seed and Series A funding. Also, in November, he completed a large-scale supervised autonomy test on a 130-acre fabrication site for the massive excavation through a partnership with Tempe, Arizona-based Sundt Construction.
Bedrock’s Series B round is further evidence that venture capital in the contech space is looking for more mature companies to invest To that end, the round isn’t the only massive surge in autonomous robotics: Last summer FieldAI, which creates a software brain for workplace robotics, grossed $405 million.
Additionally, Bedrock’s funding signals a major shift toward heavy equipment automation, Dan Laboe, founding director of Nymbl Ventures, told Construction Dive. Laboe posited that the driving force behind this trend is construction’s dismal comparison to other industries on productivity gains.
“It’s not just the United States, it’s global, and I think one of the big things is that the team just hasn’t increased in efficiency,” Laboe told Construction Dive. “That’s where something like Bedrock and all the other heavy equipment automatons come into play.”
The round was co-led by CapitalG and the Valor Atreides AI Fund, according to the press release. Other investors include real estate firm Tishman Speyer and the Massachusetts Institute of Technology. Notably, investor NVentures, the venture capital arm of chip maker Nvidia, also injected cash into FieldAI.
With the funding, Bedrock aims to advance its primary goal of deploying individual autonomous machines on construction sites, as well as fully orchestrated fleets to increase productivity and safety.
“The construction industry is being asked to build more than it can deliver,” said Boris Sofman, co-founder and CEO of Bedrock Robotics, in the press release. “Contractors are drawn to competing priorities with the same workforce and limited equipment. This funding helps us scale our development and deployments as we mature the autonomous capabilities and tools for contractors to take advantage of.”
