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Robotics software startup FieldAI nears $10 billion valuation

Original: Robot software startup FieldAI is set to raise 700M USD at a 10B USD valuation, five times its mark from just over a yea

FieldAI, a California startup that develops software to control robots built by other manufacturers, is raising $700 million at a $10 billion valuation — roughly five times its value from just over a year ago. The company sells to construction firms, data centre operators and defence companies. The rapid valuation jump reflects surging investor appetite for robotics and AI infrastructure plays.

Why now: Investors and tech watchers are focused on the exceptional speed of the valuation increase amid the AI and robotics funding boom.

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Evidence

• Robot software startup FieldAI is set to raise 700M USD at a 10B USD valuation, five times its mark from just over a year ago. The Californian company makes software to run robots it does not build, selling to construction firms, data centres and defence companies. Revenue has… · startups@vivaldi.net · 2

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