This startup’s self-driving excavators help dig up $600M in new funding

What happened

Bedrock Robotics has closed a $600M Series C (an early stage of company funding) co-led by CapitalG and Emergence Capital. It brings the company’s total funding to nearly $1bn.

Bedrock Robotics has announced a $600 million Series C financing at a $4.1 billion post-money valuation, co-led by CapitalG and Emergence Capital. Investors and funding Bedrock Robotics raises $600M as its self-driving excavators win paid work Its valuation has more than doubled since February.

October 26, 2026 - 4:16 pm Bedrock Robotics has closed a $600M Series C co-led by CapitalG and Emergence Capital. In February, Bedrock was valued at $1.75bn when it raised $270M, Edward Ludlow wrote for Bloomberg.

Bedrock Robotics, which is now valued at $4.1 billion, is particularly focused on autonomous excavators, in part because of a growing shortage of skilled operators. The round values the San Francisco startup at $4.1bn after the money, it said in a statement on Monday.

Bedrock Robotics' funding surge highlights the growing shift towards automation in construction, addressing labor shortages and boosting efficiency. Bedrock Robotics, founded by former Waymo engineers, has had excavators doing paid work with no operator since August.

Existing backers 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital and Nvidia also took part. From testing to paid work Bedrock retrofits existing heavy machines with its autonomy system, starting with excavators.