FieldAI

Californian robot software startup FieldAI is raising about $700 million at a $10 billion valuation, roughly five times its worth just over a year ago. The company develops software to run robots it does not manufacture, selling to construction firms, data centre operators and defence companies. The jump highlights surging investor appetite for robotics and AI infrastructure plays, with the round expected to place FieldAI among the fastest-growing startups in the sector.

FieldAI, a startup developing software for robots, is set to raise $700 million in a funding round that would value the company at $10 billion. The round marks one of the largest recent investments in robotics software, underscoring continued investor enthusiasm for AI-powered automation. Details on the investors participating in the round have not yet been disclosed.

FieldAI, a robotics startup, is set to raise $700 million in a funding round that values the company at $10 billion. The deal marks a major milestone for the young company and underscores growing investor appetite for robotics and AI startups. Details on lead investors and the company's commercial plans have not yet been announced.