Robotics software maker Skild AI hits $14B valuation

Skild AI, a pioneering developer of foundational models for robotics, has achieved a remarkable valuation of over $14 billion, more than tripling its worth in just seven months. This surge was fueled by a substantial $1.4 billion Series C funding round, primarily led by SoftBank, with additional investments from notable firms such as Nvidia, Macquarie Group, and 1789 Capital. Earlier this summer, Skild AI had a valuation of $4.5 billion following a previous funding round, which was speculated to be around $500 million. According to CEO Deepak Pathak, the startup has successfully raised over $2 billion to date, though details on earlier funding rounds remain sparse. Founded in 2023, Skild AI specializes in developing versatile robotic software and foundational models that can be seamlessly integrated across various robotic systems without necessitating extensive retraining. This innovation aims to allow robots to learn by observing human actions, a critical advancement in the evolving landscape of robotics. The push for adaptable, learn-as-you-go robotic software aligns with the increasing interest in humanoid robots. A significant challenge facing the adoption of robotics in both personal and industrial settings has been the extensive training required for machines to master new tasks. Skild AI’s approach could potentially eliminate these barriers, facilitating broader acceptance of robotic technology. Notably, competitors like Field AI and 1X, the creator of the humanoid robot Neo, are also exploring similar advancements in adaptable robotic solutions.