This startup’s self-driving excavators help dig up $600M in new funding

Bedrock Robotics, a two-year-old startup, has raised $600 million in a funding round that values the company at $4.1 billion. The company has developed a self-driving kit that can be retrofitted onto construction and other worksite vehicles, and its autonomous excavators are currently operating on three active construction sites, including a Nevada-based water treatment facility and a 1.2 million-cubic-yard civil sitework project with Zachry Construction Corporation. The fresh capital will help Bedrock accelerate its transition to commercial work, deploying its technology at more construction sites and expanding its teams and infrastructure. The company was founded in 2024 by a group of autonomous vehicle and robotics industry veterans, including co-founder and CEO Boris Sofman, who previously led Waymo's self-driving trucks program and co-founded Anki Robotics.