Skild AI, a robotics software startup founded in early 2023, has accomplished an extraordinary feat. Now its valuation has far surpassed $14 billion! This latest accomplishment comes after a successful $1.4 billion Series C funding round for the company. Softbank led the round, with big follow-on dollars from Nvidia. This collaboration is a significant increase to the company’s fiscal support.
Skild AI focuses on creating general-purpose robotic software that’s easily retrofitted to any robotic system. As a result of the company’s underlying foundation models, the company’s software is very flexible and extensible. This means that, with minimal further training required, robots can accomplish an incredibly diverse array of tasks. This trait addresses one of the biggest hurdles in widespread robotics adoption. Most importantly, it shrinks the enormous training time required for robots so they can learn novel tasks.
Deepak Pathak, CEO of Skild AI, shared this enthusiasm for the new funding. He’s confident it will be a huge accelerator for his company’s mission. It’s our aim to make software for robotics that can be applied widely. We want to make it user-friendly and adaptable to other applications,” he added. The company’s customizable approach aims to move beyond the specialized, often time-intensive training processes and implement solutions that make it simpler for businesses to adopt robotic innovations.
Since launching, Skild AI has secured more than $2 billion in funding. This remarkable achievement is a testament to the high level of investor confidence in their technology and vision for the future of robotics. The company’s innovative software aims to revolutionize how robots are utilized across various sectors by minimizing the learning curve typically associated with robotic automation.
Heavy hitters such as Softbank and Nvidia are getting back into the game with this new funding round. Their participation demonstrates a growing interest in robotics and artificial intelligence solutions. All industries are quickly adopting automation to increase efficiency and productivity. Organizations such as Skild AI are at the forefront of this technological revolution.