FieldAI is raising $700 million at a $10 billion valuation. This would quintuple its valuation in just over a year. Its prior valuation was $2 billion after a $400 million round. FieldAI builds a universal brain for robots across tasks and environments. It now has over $135 million in revenue and customer contracts. The term sheet is signed but the deal may not have closed yet. Customers include construction, data center and defense firms. Competitors include Physical Intelligence and Skild AI.
What changed
FieldAI was valued at $2 billion after its last funding round.
What it unlocks
Scaling a general-purpose robot control system across more customers and use cases.
- $700 million raised
- $10 billion valuation
- $2 billion prior valuation
- $135 million revenue and contracts
Sources