
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.
US robotics firm Gecko Robotics gets $125m, hits $1.3b valuation https://t.co/Wn41lzJcmU
🦄 #Unicorn status unlocked! Gecko Robotics is pleased to announce it has doubled its valuation from the previous funding round to $1.25 billion. What started out of a college dorm room just over a decade ago has turned into a billion dollar company, with AI and robotics https://t.co/8ugPgfzhbS
Gecko Robotics raises $125M to inspect and monitor critical infrastructure https://t.co/NZRUuj5xbx