FieldAI is raising $700M at a $10B valuation, five times its mark from just over a year ago, for software designed to run robots it does not build. Europe’s biggest robotics rounds this year funded machine makers, and the nearest European answer to FieldAI was reported at about a third of its valuation.
FieldAI is set to raise $700M at a $10B valuation, for software that runs robots it does not build. The Californian company makes no machines at all. Europe’s robotics money has gone into the machines.
The valuation is five times the $2B mark set just over a year ago, according to a person familiar with the deal, as <a href="https://www.businessinsider.com/robotics-startup-fieldai-raises-at-10b-valuation-in-new-round-2026-10″ rel=”nofollow noopener” target=”_blank”>Business Insider reported. A term sheet is signed and the round has not closed. FieldAI did not respond to a request for comment.
It calls the product a universal general-purpose brain, meant to run humanoids, robot dogs, drones and industrial rovers. Founded in 2023, it sells to construction firms, data centre operators and defence companies.
Revenue and customer contracts have passed $135M across more than 30 customers, up at least $35M since June. Skild AI, which is valued higher, reported $100M in run-rate revenue last month, on a stricter measure.
Europe’s biggest robotics round this year built robots. NEURA raised up to $1.4B in June at around $7B, backed by Tether, Nvidia, Amazon, Bosch and the European Investment Bank.
Its stated ambition is manufacturing, with millions of machines targeted by 2030.
The nearest European answer to FieldAI is smaller and less settled. Genesis AI, which splits about 60 staff between Paris, London and the Bay Area, was reported in July to be raising $500M for robot brains at roughly $3B.
That one was a report. FieldAI has a signed term sheet, and the two valuations sit three times apart.
The rest of Europe’s money followed the hardware too. London’s Humanoid raised $152M in July at $1.35B, with Bosch contracted to build its wheeled robots.
The American brain layer is where the money has pooled. Physical Intelligence is valued near $11B and Skild AI at $14B, so three companies carry roughly $35B.
Europe’s comparable names are a fraction of that. Munich’s Agile Robots was in early talks for $800M, and it builds the software as well as the machines.
FieldAI makes nothing physical, so every European robot maker is a potential customer. Europe’s Machinery Regulation starts on 20 January 2027 and covers machinery with self-evolving behaviour, which is what this software is sold to produce.
The machines are built here and the software is valued elsewhere, as with cloud and chips. No model of this kind has been assessed under the European rules yet, because they do not start until 2027.
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