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Mmastodon TechnologyRobotics first seen 3 h ago, last 58 min ago, peak #3

FieldAI set to raise $700 million at $10 billion valuation

Original: Robot software startup FieldAI is set to raise 700M USD at a 10B USD valuation, five times its mark from just over a yea

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.

Why now: Investors and the tech industry are focused on the extraordinary pace of the valuation jump amid the robotics and AI funding boom.

FieldAI

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Rank over time, top of the chart is #1. 3 snapshots from 3 h ago to 58 min ago.

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API: https://socialmediatrends-api.osmike.com/v1/trends/778947