#FieldAI
2 stories · 2 issues · daily FieldAI news timeline
Financing and transaction coverage
Dates are our publication dates. Announcements and talks are not closing; different reports may concern the same transaction.
- · FieldAI · $700 million · Term sheet (not closed) · In talks, not closed
#FieldAI timeline · newest first
Sun, Oct 4
Robotics software company FieldAI signs a term sheet for $700 million, lifting its valuation to $10 billion
A company that builds no robots is worth more than companies that do, because capital is betting bodies will converge and software that works across bodies is the scarce part.
Sat, Oct 3
Robot "brain" maker FieldAI plans to raise $700 million, lifting its valuation from $2 billion to $10 billion in just over a year
Capital now prices robot software above robot makers, wagering that the industry will follow smartphones and send its profits to the operating system instead of the shell.