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