Skild AI Announced $300M Series A Funding | Kisaco Research

Skild AI Announced $300M Series A Funding

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Skild AI Announced $300M Series A Funding

Skild AI raised $300 million in Series A funding, bringing the company to a $1.5 billion valuation.

Source: Skild AI

Skild AI's long-term goal is to develop artificial general intelligence (AGI) rooted in the physical world, challenging the popular notion that AGI can solely arise from digital knowledge. The Series A capital will be used to continue scaling their model and build the team.

The round was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos (through Bezos Expeditions), with participation from Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University. 

"Skild AI has achieved massive breakthroughs in a short period, and we believe they’re a one-of-a-kind company that could redefine our notions of what machines are capable of. Deepak and Abhinav have been catalysts of advancements in robotics, and their innovation around leveraging the core principles of foundation models into the real world puts the industry on the path of general purpose robotics." - Raviraj Jain, Partner, Lightspeed Venture Partners

"At Felicis, we’ve invested in robotics companies for over 15 years. Skild is the most visionary robotics company we’ve seen, pushing the frontiers of physically-grounded intelligence forward. The model they’re building will execute any task, in any environment, on any hardware. This is one of the most ambitious visions we’ve encountered from an early-stage startup - the global workforce seems poised to be fundamentally reshaped by Skild." - Aydin Senkut, Founder and Managing Partner of Felicis Ventures

"A GPT-3 moment is coming to the world of robotics. It will spark a monumental shift that brings advancements similar to what we’ve seen in the world of digital intelligence, to the physical world. Since partnering with Skild AI at the seed round, I have deep conviction that they are the team to pursue one of the most ambitious visions of our era." - Stephanie Zhan, Partner, Sequoia Capital

Read the full article here.

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