Gallery Ventures

We’ve raised $270 million in Series B funding for Bedrock Robotics to keep building the future of autonomous construction. This round was co-led by CapitalG, and the Valor Atreides AI Fund (Valor Equity Partners / Atreides Management, LP), with participation from Xora Innovation, 8VC, Eclipse, Emergence Capital, Perry Creek Capital, NVentures (NVIDIA venture capital arm), Tishman Speyer, Massachusetts Institute of Technology, Georgian, Incharge Capital Partners, C4 Ventures, and others—bringing our total funding to over $350 million. Thank you to Michael de la Merced and The New York Times for this morning's thoughtful coverage in Dealbook, linked in the comments below. The timing here matters. We're entering what may be the largest infrastructure buildout in history—data centers, energy systems, advanced manufacturing, and long-overdue modernization of roads and bridges. The capital and urgency is finally there, but construction needs nearly 800,000 workers over the next two years just to keep pace with today’s demands. This funding helps us scale our development and deployments, accelerating toward our first operator-less excavator work on partner sites this year. It's a first step toward a future where fully autonomous fleets could operate as coordinated systems, helping contractors take on more work and changing how they plan, staff, and build. Thank you to our investors, advisors, and industry partners building alongside us—and to the Bedrock team for enabling this enormous opportunity.

America needs to build like never before. Data centers to power the AI revolution, energy infrastructure, new housing units, and manufacturing facilities. But we can’t keep up. Construction projects that should take months stretch into years, while others sit stalled. The constraint? 500,000 open construction jobs that can’t be filled fast enough. We’re here to change that. Today, Bedrock Robotics is coming out of stealth with $80M from Eclipse and 8VC to bring advanced autonomy to the built world. Our Bedrock Operator transforms existing fleets of worksite equipment into fully autonomous machines, enabling builders to meet growing construction demands in the U.S. with greater quality, predictability, and safety. Founded by leaders that helped put the first driverless vehicles on public roads at Waymo, and joined by executives who helped scale companies like Uber Freight from zero to $5B in revenue, our early team has a powerful mix of technical know-how and operational expertise. And in only just over a year, it’s incredible we’ve accomplished so far. Bedrock is operating on test sites in AR, AZ, TX, and CA, with five forward-thinking partners, including  Sundt Construction, Zachry Construction Corporation,  Champion Site Prep, Inc., and Capitol Aggregates, Inc. And we’ve got so much more to build. Read more from our CEO Boris Sofman, on the company vision and where we’re headed: https://bit.ly/4kCAT2x Additional thanks to all our other investors, including:  Two Sigma Ventures, Valor Equity Partners, NVentures (NVIDIA's venture capital arm), Crossbeam Venture Partners,  The Raine Group, Tishman Speyer, Atreides Management, LP, AlRajhi Partners, and Samsara Ventures.

Want to see pure joy? Watch Doug Bernauer and Tori S. tell the team that U.S. Department of Energy (DOE) selected Radiant to be the first new nuclear reactor to test at INL next year!

I'm excited to announce that we raised $43M led by a16z and the OpenAI fund, in OpenAI's first cyber security investment. We are also supported by a broad set of other investors including: Abstract ventures, Eniac ventures, Crossbeam with Michael Ovitz, K5, Stanley Druckenmiller, along with executives from companies like Workday, Google Cloud, Shopify, Fidelity, Plaid, Coalition, Paxos, Sonder, and more. We are growing fast and hiring across all departments. If you are interested in helping to protect people from AI Cyber attacks, come visit our job page - see first comment for link.