Skild AI Secures $300M in Series A Funding to Revolutionise Robotics with General-Purpose AI Brains
Jul 13, 2024
Skild AI has successfully raised $300 million in Series A funding, securing investments from prominent backers such as Jeff Bezos, Softbank, and others. This funding round, which values the company at $1.5 billion, was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Bezos Expeditions, with additional participation from Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University.The Pittsburgh-based company, a spinout from Carnegie Mellon University, aims to develop a scalable "general-purpose brain" for robotics. This modular AI system is designed to be retrofitted into various robotic devices, enabling them to perform tasks they were not specifically trained for, showcasing impressive emergent capabilities. The funding will be utilised to further scale their model and training datasets and to expand their team across various domains.
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