
Bill Gates-Backed Field AI Rockets to $2B Valuation Amid Robotics Boom
Nvidia, Bill Gates-Backed Robotics Startup Field AI Hits $2 Billion Valuation
Key Points
- Field AI, backed by Bill Gates, has raised $405 million across two funding rounds.
- Investors include Nvidia’s venture arm and Jeff Bezos’ family office.
- The startup is now valued at $2 billion, just two years after its founding.
- The funding arrives amid a surge in robotics investment focused on AI and efficiency.
Robotics startup Field AI, backed by Bill Gates, has secured $405 million in two recent funding rounds. The rounds attracted major investors including Nvidia’s venture capital arm and Jeff Bezos’ family office, highlighting growing interest in AI-driven robotics.
The latest round values the two-year-old startup at $2 billion, according to a person familiar with the matter who requested anonymity due to the sensitive nature of financial details.
Field AI’s funding comes at a pivotal moment for robotics innovation. Companies across industries are racing to enhance their artificial intelligence capabilities and streamline operations. Founder and CEO Ali Agha described the timing as an “aha moment,” where software and hardware are converging at an inflection point.
“We are growing,” Agha told CNBC. “This funding announcement is to respond to the customer demand.”
In addition to NVentures and Bezos Expeditions, the funding rounds included participation from Khosla Ventures, Temasek, Canaan Partners, and Intel Capital. Previous investors include Samsung and Gates Frontier, the investment fund of Microsoft’s co-founder.
Based in Irvine, California, Field AI reported that both rounds were oversubscribed. Agha noted that most investors approached the company proactively, underscoring the strong market interest in robotics and automation.
The funding aligns with a broader surge in robotics investment. In June, Gecko Robotics, a two-time CNBC Disruptor 50 startup, raised $125 million, pushing its valuation past $1 billion.
Field AI’s team includes alumni from DeepMind, SpaceX, Amazon, Tesla Autopilot, and NASA. The company builds models that control robots deployed across sectors such as construction, energy, and logistics.
Agha emphasized the platform’s “effortless transferability” across environments, which allows companies to scale robotic solutions quickly with minimal integration effort.
With nearly a decade of experience at NASA’s Jet Propulsion Laboratory, Agha specializes in robotics autonomy and physical AI. He shared that Field AI has added over 100 new positions in recent months to meet rising customer demand and address challenges related to labor shortages and operational safety.