Bill Gates-backed Field AI raised $405 million in two funding rounds with investments from Nvidia’s venture arm and Jeff Bezos’ family office, according to CNBC. The company is now valued at $2 billion. CEO Ali Agha said the funding comes at an inflection point for software and hardware and will help Field AI meet growing customer demand. The funding rounds also included investments from Khosla Ventures, Temasek, Canaan Partners, and Intel Capital, alongside NVentures and Bezos Expeditions. Samsung and Gates Frontier had previously invested in the company. Field AI’s funding comes amid a surge in robotics investment, with Gecko Robotics recently raising $125 million to exceed a $1 billion valuation. Agha said Field AI added over 100 jobs in recent months to meet rising customer demand and tackle labor shortages and safety needs.
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