General-purpose foundation models for robotics -- a roughly 1,000x valuation increase in under 3 years (seed to Series C) reflects the embodied-AI/humanoid-robotics hype cycle. Heavy strategic-investor participation (NVIDIA, SoftBank, Samsung, Amazon/Bezos) looks more like corporate positioning than pure financial investing, which raises correction risk if commercial deployment lags. No priced round found since the Jan 2026 Series C; the higher $16.9B secondary mark likely reflects organic appreciation (a Sept 2026 milestone of ~$100M ARR and 60+ paying customers, up from 8 earlier in the year) and the April 2026 acquisition of Zebra Technologies' Robotics Automation business (an equity-funded deal, not a new priced round) rather than a new financing.
| Round | Date | Valuation | Lead |
|---|---|---|---|
| Series A | 2024-07-09 | $1.5B | Four-way co-lead: Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos/Bezos Expeditions (also Felicis, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, Carnegie Mellon University) |
| Series B | 2025-06-12 | $4.5B+200% | SoftBank Group ($100M of the $135M total; NVIDIA $25M and Samsung $10M made up the rest -- these three checks sum exactly to the disclosed round size) |
| Series C | 2026-01-14 | $14.0B+211% | SoftBank Group (also NVentures/NVIDIA, Macquarie Capital entities, Jeff Bezos, Disruptive, 1789 Capital, IQT, and returning Lightspeed/Felicis/Coatue/Sequoia) |
No upcoming rounds currently reported.
| Status | S-1 Not Filed |
|---|---|
| Timing | at least 3 years away (marketplace speculation) |
| Notes | No CEO statement or tier-1 reporting on IPO plans; likely too early-stage. |
| Source | Forge Global / EquityZen / Nasdaq Private Market commentary, 2026 (secondary-market speculation, not company guidance) |
These are cited news signals only, not a PrePost prediction — year/valuation forecasting is on the roadmap but not live yet.
Transparent, formula-based composite (not machine-learned) of five signals: raise velocity, round acceleration, secondary premium/discount vs. the last primary round, up-round streak, and freshness of the last known mark.