Bedrock Robotics has raised $270 million in new funding, reaching a $1.75 billion valuation, as it develops AI-powered autonomous construction equipment. The round was led by CapitalG, Alphabet's investment arm, and Valor Atreides AI Fund, with existing investor 8VC participating. Founded two years ago by former Waymo executives including CEO Boris Sofman, Bedrock has created the Bedrock Operator, a retrofittable system using lidar and cameras to automate excavators. The technology provides 360-degree views and precise digging capabilities. The company is currently testing at sites in Arizona, Texas, Arkansas and California with construction firms including Sundt Construction and Zachry Construction Corporation. Bedrock faces no competition from established manufacturers like Caterpillar or John Deere, which have not automated excavators. The company claims its technology augments rather than replaces human labour.

Chapter raises $100M Series E for Medicare AI. Key Points * Chapter raised $100M in Series E funding led by Generation Investment Management, with Fifth Down Capital, 8VC, and existing investors Stripes, XYZ Venture Capital, Addition, Narya Capital, Susa Ventures, and Maverick Ventures participating. * The company tripled revenue in 2025 and crossed $100M in ARR, making it one of the fastest-growing platforms in the US retirement technology sector. * Chapter plans to expand from Medicare navigation into broader financial products for seniors, using AI and licensed advisors to serve one of the most underserved demographics in tech. April 10, 2026 Credit: BUSINESS WIRE