Jun 12, 11:51 AM

Pittsburgh-Based Gecko Robotics Raises $125 Million Series D, Valued at $1.25 Billion, CEO Jake Loosararian Highlights AI Tech, CNBC Disruptor 50

Pittsburgh-based Gecko Robotics, a company specializing in AI-powered robots for inspecting and monitoring critical infrastructure, has raised $125 million in a Series D funding round. This financing round has doubled the company's valuation from $633 million in December 2023 to approximately $1.25 billion, with some reports indicating a valuation as high as $1.3 billion. Founded just over a decade ago from a college dorm room, Gecko Robotics has developed a platform that integrates first-order data with predictive AI to provide a comprehensive and accurate assessment of infrastructure conditions. The company’s CEO, Jake Loosararian, has highlighted the transformative potential of their technology in maintaining and operating essential infrastructure. Gecko Robotics was also recognized in the CNBC Disruptor 50 list, underscoring its innovative contributions to the robotics and AI sectors.

#Gecko Robotics #Jake Loosararian #CNBC Disruptor 50

Written with ChatGPT (GPT-4).

Pittsburgh-Based Gecko Robotics Raises $125 Million Series D, Valued at $1.25 Billion, CEO Jake Loosararian Highlights AI Tech, CNBC Disruptor 50

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