Generalist raises nearly $200 million at a $3 billion valuation

Generalist raises nearly $200 million at a $3 billion valuation

N
News Editor
2026-08-26 01:22:00
Robotics startup Generalist has completed a new financing round at a $3 billion valuation, raising nearly $200 million, according to TechCrunch, which cited people familiar with the matter. The round was led by 8VC and extends the company’s $400 million Series B financing from June, which had been led by Radical Ventures. With the extension, the total size of that round has reached $600 million. Generalist was founded in 2024 by former Google DeepMind researchers Pete Florence and Andy Zeng, along with former Boston Dynamics engineer Andrew Barry. Its early backers include 8VC, Radical Ventures, Nvidia, Union Square Ventures, Bezos Expeditions, and AI researcher Fei-Fei Li. The company is building foundation AI models for use across different types of robots. TechCrunch reported that Generalist’s Gen 1.5 model can enable robots to learn new tasks from video demonstrations lasting between 3 and 12 seconds. In the broader robotics AI funding field, Physical Intelligence is valued at about $11 billion, Skild AI at $14 billion, and Genesis AI is also in talks to raise capital at a $3 billion valuation.

Robotics startup Generalist has closed a new funding round at a $3 billion valuation, raising nearly $200 million, according to TechCrunch, citing people familiar with the matter.

8VC led the financing. The new capital is an extension of Generalist’s $400 million Series B round from June, which was led by Radical Ventures, bringing the total size of that round to $600 million.

Generalist was founded in 2024 by former Google DeepMind researchers Pete Florence and Andy Zeng, together with former Boston Dynamics engineer Andrew Barry. Early investors in the company include 8VC, Radical Ventures, Nvidia, Union Square Ventures, Bezos Expeditions, and AI researcher Fei-Fei Li.

The company is developing foundation AI models that can be used across different kinds of robots. According to the report, its Gen 1.5 model allows robots to pick up new tasks from video demonstrations that last between 3 and 12 seconds.

Among peer companies, Physical Intelligence carries an estimated valuation of about $11 billion, while Skild AI is valued at $14 billion. Genesis AI is also in fundraising talks at a $3 billion valuation.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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