Robotics Startup Skild AI Valued Above $14 Billion in New Funding Round

Skild AI Inc., a fast-rising startup that makes software to help robots learn to complete tasks, has secured about $1.4 billion in a new funding round that values the company at more than $14 billion, more than triple what it was worth just seven months ago.

The Series C round was led by SoftBank Group Corp., with participation from Nvidia Corp., Macquarie Group Ltd., 1789 Capital and Jeff Bezos’ private investment firm Bezos Expeditions, co-founder and Chief Executive Officer Deepak Pathak told Bloomberg.

Several previous backers, including Lightspeed Venture Partners, Felicis Ventures, Sequoia Capital and Coatue Management, also joined the round. Other investors included Samsung Electronics Co., LG Electronics Inc. and Salesforce Inc. To date, Pittsburgh, Pennsylvania-based Skild has raised about $2 billion, Pathak said. Last June, it was valued at around $4.5 billion, Bloomberg reported.

Founded in 2023, Skild is part of a growing crop of startups that are drawing interest from top investors who are enthusiastic about AI’s potential to improve robotics. Although several robotics firms are focused on specific task areas, Skild is pursuing an AI-powered robotic “brain.” The goal is not to optimize for a single workflow, but to build a system that can adapt across environments and tasks, by training its systems much like humans learn: watching and practicing.

“There is no ‘Internet of Robots,’” Pathak said in an interview. “You cannot produce a brain for robots without having data, so this is where we’ve had a main focus from the very beginning, to build a general brain for robotics — one brain for any robot, any task, any scenario.”

The Skild Brain software can be loaded onto any standard graphics processing unit without any need for custom architecture, according to Pathak. The software is trained on large libraries of human videos and practicing simulations. Actions and mistakes generate new data in the real world, creating a feedback loop that improves performance. The system blends internal signals like motion around the joints and force with outside perception, such as vision, to enable the robot to understand itself and its environment at the same time, the company said.

“If one of the arms breaks down, it still continues to do the task,” said Abhinav Gupta, Skild’s president and co-founder, about the adaptability of the technology. “If one of the legs breaks down, it doesn’t fall down. It gives it a safety perspective that these robots never had before.”