Bedrock Robotics has raised $600 million in Series C funding at a $4.1 billion valuation to expand deployment of its autonomous construction equipment across the United States. The funding, announced on October 26, 2026, comes two months after the startup began commercially operating self-driving excavators at active construction sites.
The round was co-led by CapitalG and Emergence Capital, with participation from new investors US Innovative Technology Fund, Bessemer Venture Partners and Temasek. Existing backers, including Nvidia, 8VC, Georgian, Valor Equity Partners, Xora, Eclipse and Perry Creek Capital, also participated, bringing the company’s total funding to nearly $1 billion.
Autonomous Excavators Begin Commercial Operations
Founded in 2024, Bedrock Robotics develops autonomous driving technology that can be installed on existing construction machinery, allowing excavators to perform tasks without an operator inside the vehicle. The company moved beyond pilot testing in August 2026, when its equipment began performing paid work at commercial construction sites.
According to Bedrock’s official announcement, autonomous excavators are operating at a Nevada water treatment facility, a Texas earthwork project managed by Champion Site Prep and a 1.2 million-cubic-yard civil construction project with Zachry Construction Corporation. The company has since expanded its customer base, with six customers operating autonomous equipment across active projects.
Bedrock CEO Boris Sofman said the company has demonstrated that autonomous excavators can perform commercial work alongside existing construction crews. He identified expanding deployment and providing dependable operations across more construction projects as the company’s next priorities.
Funding Supports Expansion Into Additional Construction Projects
The startup’s newest partner, Arizona-based contractor Haydon, has begun deploying Bedrock-equipped machinery at a remote construction site in Texas. Haydon plans to expand its use of the technology across manufacturing facilities, transportation infrastructure, water treatment plants, data centers and healthcare construction projects.
Bedrock intends to use the funding to increase equipment deployments while expanding its engineering, operations and customer support capabilities. The company also plans to extend its autonomous technology beyond excavators to other heavy construction vehicles.
Labor Shortages Drive Interest in Construction Automation
Bedrock is targeting labor shortages affecting the construction industry, particularly the limited availability of experienced heavy equipment operators. The company estimates that mastering excavator operation can require five years or more, while industry forecasts indicate that many experienced construction workers are approaching retirement.
The startup was founded by former autonomous vehicle and robotics executives, including Sofman, who previously led Waymo’s autonomous trucking program. Co-founders Kevin Peterson and Ajay Gummalla also worked at Waymo, while Tom Eliaz previously held engineering positions at Segment and Twilio.
Bedrock has additionally appointed Amy Jones Satrom, formerly of Amazon, Nuro and Uber, as vice president of operations. Lando Juarez, previously responsible for legal matters involving Uber’s autonomous mobility and delivery operations, has joined as general counsel.
Featured image credits: Wikimedia Commons
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