Robotics startup FieldAI raises $314 million in new funding, sources say

FieldAI, which develops systems for robots to operate safely in industrial environments, has raised $314 million in a new funding round, quadrupling its valuation, sources with knowledge of the matter said.

The Irvine, California-based startup is now valued at $2 billion, up from $500 million in a round last year, they added.

FieldAI said it has raised $405 million over two funding rounds to scale its artificial intelligence platform but did not break out its latest financing. It added that backers include Khosla Ventures, Nvidia’s NVentures, Bezos Expeditions, Canaan Partners and Intel Capital.