What is Skild AI's current valuation?

Skild AI's valuation is currently over $14 billion following its recent $1.4 billion Series C funding round.

When was Skild AI founded and what does it do?

Skild AI was founded in 2023 and develops general-purpose robotic software and foundation models that can adapt to various robots and tasks.

Who led Skild AI's latest $1.4 billion funding round?

The $1.4 billion Series C funding round for Skild AI was led by SoftBank, with investments from Nvidia and others.

Home / Technology / Skild AI Raises $1.4B, Tripling Valuation

Skild AI Raises $1.4B, Tripling Valuation

14 Jan

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Summary

Skild AI's valuation has more than tripled in seven months.
The company secured $1.4 billion in Series C funding.
Founded in 2023, Skild AI develops adaptable robotic software.

Skild AI Raises $1.4B, Tripling Valuation

Skild AI, a startup specializing in foundation models for robots, has seen its valuation surge dramatically, reportedly more than tripling in approximately seven months. The company recently announced a $1.4 billion Series C funding round, which values the firm at over $14 billion. This significant investment was spearheaded by SoftBank, with notable contributions from Nvidia, Macquarie Group, and 1789 Capital.

The company's valuation has experienced a rapid ascent; in the prior summer, Skild AI was valued at $4.5 billion. While the exact amount of that previous round remains undisclosed, it was rumored to be around $500 million. As of the latest announcement, Skild AI has successfully raised over $2 billion in total funding since its inception.

Established in 2023, Skild AI is dedicated to creating versatile robotic software and foundation models. These models are engineered for easy retrofitting to different robots and tasks, minimizing the need for extensive additional training. The underlying goal is to enable robots to learn by observing human actions, a development crucial for wider adoption in both industrial and personal use cases.