Bedrock Robotics raises $600 million for self-driving excavators

Bedrock Robotics announced a $600 million Series C round at a $4.1 billion post-money valuation, co-led by CapitalG and Emergence Capital, bringing its total funding to nearly $1 billion. New investors include the US Innovative Technology Fund, Bessemer Venture Partners, and Temasek, alongside existing backers such as 8VC, Georgian, Valor Equity Partners, Xora, Eclipse, Perry Creek Capital, and NVIDIA. The company retrofits existing construction machines, starting with excavators, to operate autonomously, and is led by former Waymo engineers.

Bedrock says it hit a milestone in mid-August 2026 when fully autonomous excavators began performing paid work on live commercial job sites, and the new funding will go toward putting more Bedrock-equipped machines on US construction sites. CEO and co-founder Boris Sofman said the company has proven autonomous excavators can work alongside crews, and that the next challenge is delivering that to more contractors.

The company points to a labor shortage as part of the opportunity, citing data that employers will need to fill about 1.7 million skilled trades openings a year through 2035, with 87% of construction firms currently reporting openings for hourly craft positions. Bedrock says it has more than doubled its total customer volume since 2025, with Haydon, a Tempe, Arizona contractor, as its newest partner, deploying on a remote Texas site and planning to test trench work and larger machines. Other new customers span Minnesota, Florida, Virginia, Colorado, Missouri, Georgia, and Arkansas. The company also hired a new VP of Operations and General Counsel.

Why it matters

Paid, unsupervised autonomous excavator work on live job sites is a concrete sign that construction robotics is moving past pilots.

Source: Bedrock Robotics