Temasek
Temasek is a sovereign wealth / government fund based in Singapore, Singapore. Temasek has deployed $30M in robotics investments. Its humanoid robotics portfolio includes Bedrock Robotics. Focus areas include diversified sovereign wealth, Asia tech, deep tech.
Portfolio companies (1)
Funding rounds (1)
Round size: $600M
About
Temasek is a sovereign wealth / government fund based in Singapore, Singapore. Temasek has deployed $30M in robotics investments. Its humanoid robotics portfolio includes Bedrock Robotics. Focus areas include diversified sovereign wealth, Asia tech, deep tech.
Related news
Bedrock Robotics nears $1B in total funding as demand for autonomous heavy equipment surges
Bedrock Robotics automates large excavators to improve construction site economics. | Credit: Bedrock Robotics San Francisco-based Bedrock Robotics has raised $600 million in Series C funding, co-led by CapitalG and Emergence Capital, at a $4.1 billion valuation. The round brings its total funding to nearly $1 billion
Bedrock Robotics raises $600 million to scale autonomous excavators across the US
Bedrock Robotics announced a $600 million Series C financing at a $4.1 billion post-money valuation, co-led by CapitalG and Emergence Capital, bringing its total funding to nearly $1 billion. The company will use the capital to expand deployments of fully autonomous excavators on U.S. commercial construction sites and build the field, commercial, and operational infrastructure needed for broader adoption. Bedrock also expanded its customer roster and added new operations and legal leadership.
Bedrock Robotics, which makes driverless excavators and other autonomous construction machines, raised a $600M Series C at a $4.1B valuation
Bedrock Robotics Inc. raised a $600 million Series C co-led by CapitalG and Emergence Capital, giving the autonomous construction machinery startup a $4.1 billion valuation and bringing its total fundraising to nearly $1 billion. Its valuation has risen sharply from $1.75 billion during a $270 million round in February. Since August, Bedrock's self-driving excavators have performed paid work on commercial job sites, and the company is now working to deploy more machines and improve their day-to-day reliability.