FieldAI, a robotics startup backed by Bill Gates and Nvidia, has reached a $2 billion valuation after raising $405 million in two funding rounds. Investors include Nvidia's venture capital arm, Amazon founder Jeff Bezos' family office, Khosla Ventures, Temasek, Canaan Partners, and Intel Capital. Founded in 2023, FieldAI focuses on developing software for robots that can operate safely in industrial environments, particularly in sectors like construction, energy, and logistics.
FieldAI's technology is built around Field Foundation Models (FFMs), advanced systems trained on real-world environments that enable robots to perform tasks without extensive custom programming. The startup's modular approach allows its technology to be integrated into various robotic platforms, making it scalable and flexible. By incorporating physics principles into its AI models, FieldAI's robots can manage risk and ensure safe operation in changing environments.
The startup plans to grow its team from 30 to nearly 100 employees to support increasing customer demand. With its innovative approach to industrial robotics, FieldAI aims to become a dominant player in the market, targeting industries with labor shortages, safety risks, and inefficiencies. Backed by prominent investors like Nvidia and Bezos Expeditions, FieldAI is poised to accelerate its development and deployment, potentially transforming the industrial robotics landscape.
