IIT Graduates Founded Robotics Company Skild AI Raises $300M

Skild AI

Skild AI, a company building general purpose robotic intelligence, has come out of stealth and has raised $300M in Series A funding. Headquartered in Pittsburgh, Pennsylvania, Skild AI was founded in 2023 by IIT Kanpur grads Abhinav Gupta and Deepak Pathak who is also the CEO of Skild.

The company is now valued at $1.5 billion and has raised funding from prominent investors including Lightspeed Venture Partners, SoftBank Group, Jeff Bezos, and others.

“Skild AI has achieved massive breakthroughs in a short period, and we believe they’re a one-of-a-kind company that could redefine our notions of what machines are capable of. Deepak and Abhinav have been catalysts of advancements in robotics, and their innovation around leveraging the core principles of foundation models into the real world puts the industry on the path of general purpose robotics,” said Raviraj Jain, Partner at Lightspeed Venture Partners.

General Purpose Brain

Skild AI’s basic model is trained on a vast amount of data, which marks a significant advancement in overcoming the data challenges in robotics. Unlike robots designed for specific tasks or limited environments, their model acts like a versatile brain. It has shown exceptional ability to adapt and perform well across various types of robots, situations, and tasks such as handling objects, moving, and finding its way.

The company claims that ‘Skild Brain’ is the first scalable robotics foundation model and that the brain can adapt across hardware and tasks.

Source: Skild AI

With the rise of humanoid robot developments and foundation models being built for general purpose robots, Skid AI looks to build an embodied system that can support various forms of workloads.

The post IIT Graduates Founded Robotics Company Skild AI Raises $300M appeared first on Analytics India Magazine.

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