Robotics

Bedrock Robotics Raises $600M to Expand Self-Driving Excavators

Autonomous vehicle technology startup Bedrock Robotics has secured $600 million in a Series C funding round, boosting its valuation to $4.1 billion as it accelerates commercial deployment.

Radwan AbdulhadiEditor and technology writer

Published: October 27, 2026 · Updated: October 27, 2026 · 3 min read

Bedrock Robotics Raises $600M to Expand Self-Driving Excavators — Image: TechCrunch

Series C Funding and Rapid Growth

Autonomous vehicle technology startup [Bedrock Robotics](https://techcrunch.com/tag/bedrock-robotics/) has completed a massive $600 million funding round, pushing its valuation to $4.1 billion. The rapid valuation milestone comes for the young company just two months after it transitioned its autonomous excavators out of testing and pilot phases to active construction sites.

The Series C round was co-led by CapitalG and Emergence Capital. Additional participants in the round included new investors US Innovative Technology Fund (USIT), Bessemer Venture Partners, and Temasek, along with existing backers 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital, and Nvidia. With this latest injection of capital, the startup has raised nearly $1 billion total.

Founding Team and Technology

The company was [founded in 2024](https://techcrunch.com/2025/07/16/ex-waymo-engineers-launch-bedrock-robotics-with-80m-to-automate-construction/) by a group of autonomous vehicle and robotics industry veterans. Co-founder and CEO Boris Sofman previously led Waymo’s self-driving trucks program and co-founded Anki Robotics. Other co-founders include Chief Technology Officer Kevin Peterson, Vice President of Engineering and Infrastructure Ajay Gummalla—both Waymo veterans—and Vice President of Engineering and Hardware Tom Eliaz.

Bedrock has developed a self-driving kit designed to be retrofitted onto construction and other worksite vehicles. Rather than building entirely new specialized machines from the ground up, the retrofit approach allows standard excavators to be equipped with the startup's autonomous-driving technology.

Active Commercial Deployments

Bedrock-equipped excavators are already operating commercially across multiple active job sites. Current deployments include a water treatment facility in Nevada, an earthwork site managed by Champion Site Prep in Texas, and a massive 1.2 million-cubic-yard civil sitework project with Zachry Construction Corporation.

Additionally, the company recently secured a partnership with Haydon, an Arizona-based general contractor. Haydon plans to integrate Bedrock-equipped machinery across various construction efforts, including advanced manufacturing facilities, water and wastewater treatment plants, data centers, and healthcare facilities.

Addressing the Construction Labor Shortage

A primary driving factor behind the adoption of autonomous construction technology is a widening labor gap. According to Bedrock, it typically takes five years or more to master operating an excavator, while an increasing portion of the current workforce approaches retirement age.

Data from the Associated Builders and Contractors, a national construction industry trade association, indicates that more than 40% of construction workers are expected to retire within the next five years. Bedrock aims to combat this shortage by offering automated systems that can handle repetitive and heavy earthmoving tasks.

"We have proven that fully autonomous excavators can perform real work of value alongside the crews and workflows already in place on job sites. The next challenge is delivering that capability to more contractors as a dependable part of how projects get built," CEO Boris Sofman stated.

Scaling Operations and Executive Hires

The newly acquired funds will be directed toward accelerating commercial work, deploying technology to additional construction sites, and expanding field infrastructure teams. To support this rapid scaling phase, [Bedrock Robotics](https://techcrunch.com/tag/bedrock-robotics/) has also announced two key executive appointments.

Amy Jones Satrom, a veteran of Amazon, Nuro, and Uber, has joined the company as vice president of operations. Meanwhile, Lando Juarez, formerly head of legal for Uber’s autonomous mobility and delivery business, has been appointed general counsel to manage legal operations as the startup expands its commercial footprint.