Skild AI, a cutting-edge robotics company, has just secured a whopping $300 million in a Series A funding round, led by top investors including Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos through Bezos Expeditions. This investment has propelled Skild AI’s valuation to an impressive $1.5 billion, marking a significant milestone for the company.
What sets Skild AI apart from its competitors is its focus on developing a scalable, general-purpose AI model for robotics that is trained on a vast amount of data points. This approach allows the company to create a shared brain that can power a wide range of robots for various tasks, from manipulation to navigation, in industries facing critical labor shortages such as healthcare, construction, warehousing, and manufacturing.
Deepak Pathak, CEO and Co-Founder of Skild AI, expressed confidence in the company’s technology, stating that their large-scale model demonstrates unparalleled generalization and emergent capabilities across robots and tasks. This breakthrough has the potential to revolutionize the robotics industry and address the growing gap between job openings and available workers in key sectors.
Investors are buzzing with excitement over Skild AI’s potential, with Raviraj Jain from Lightspeed Venture Partners praising the company’s rapid advancements and transformative impact on machine capabilities. Stephanie Zhan from Sequoia Capital likened Skild AI’s breakthrough to the game-changing impact of GPT-3 in digital intelligence, highlighting her firm belief in the company’s vision since its early stages.
With a team of industry experts and top talent from leading tech companies, Skild AI is well-positioned to revolutionize the robotics landscape and pave the way for artificial general intelligence (AGI) rooted in the physical world. The company plans to use the funding to scale its models and training datasets for commercial deployment, as well as expand its team across various domains to drive further innovation.
In a world where automation and robotics are becoming increasingly essential, Skild AI’s groundbreaking technology and ambitious goals are poised to make a lasting impact on the future of robotics and AI.
