Autonomous construction startup Bedrock raises $270m

Bedrock Robotics has raised US$270 million in Series B funding as it seeks to accelerate development of autonomous machines for construction sites.

The round was co-led by CapitalG and Valor Equity Partners through its Valor Atreides AI Fund, with participation from investors including NVIDIA’s venture capital arm NVentures. The funding brings Bedrock’s total investment to more than US$350 million.

Boris Sofman, co-founder and chief executive of Bedrock Robotics, said the construction industry…

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