July 09, 2024
Skild AI, a firm specializing in AI robotics and the development of a scalable base model for robotics, has declared the successful closure of a Series A funding round amounting to $300M. The funding round saw major contributions from Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos via Bezos Expeditions.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Skild AI | $300M | July 09, 2024 | Series A | Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos | AI |
Other notable participants included Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. This significant financial boost has elevated the company's valuation to a staggering $1.5B.
Skild AI has announced that the fresh capital will be directed towards team expansion and further development of its model and training datasets. This is a strategic move to prepare for the future commercial launch of its technology.
Abhinav Gupta, the president and co-founder of Skild AI, emphasized the company's vision of creating versatile robots. These robots are designed to safely carry out any automated task in any setting and with any form. This approach is expected to enhance the functionality of robots, make them more affordable, and provide a solution to the current labor shortage.
Skild AI is working on a model that will act as a universal, shared brain for a multitude of robots, scenarios, and tasks. This model, unlike those tailored for specific applications, is designed to facilitate the use of cost-effective robots across a wide spectrum of industries and applications.
About Skild AI
Skild AI is a pioneering startup in the field of artificial intelligence-powered robotics. The company was founded in 2023 by two leaders in the field of self-supervised and adaptive robotics. Skild AI is developing a scalable foundation model for robotics, which they describe as a “shared, general-purpose brain” that can be integrated with any kind of robot. This model is designed to equip a diverse group of robots to perform multiple tasks in a wide range of scenarios, such as manipulating objects, locomotion, and navigation.
Skild AI’s model aims to change the traditional approach in the robotics industry, where robot brains have always been extremely specialized and focused on performing a very narrow range of tasks. Instead, Skild AI’s off-the-shelf AI brain can be plugged into any robot, enabling it to perform a whole host of different operations. The company believes that this approach can make robots more agile, dexterous, and safer at human interaction.
Website: https://www.skild.ai/
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About Investor
The funding round saw major contributions from Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos via Bezos Expeditions. Other notable participants included Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University.
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