Robotics startup Generalist reaches $3B valuation, sources say
Generalist, a robotics startup, is now valued at $3 billion after raising additional capital led by 8VC, according to two people with knowledge of the funding. The fresh capital totals nearly $200 million according to a regulatory filing.
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Key Facts
- Fact 1: Generalist, a robotics startup, is now valued at $3 billion after raising additional capital led by 8VC, according to two people with knowledge of the funding.
- Fact 2: The fresh capital totals nearly $200 million according to a regulatory filing.
- Fact 3: That additional capital is an extension of a $400 million Series B led by Radical Ventures that the company announced in June at a $2 billion valuation, the people said.
- Fact 4: The new capital brings the round’s total funding to $600 million.
Generalist, a robotics startup, is now valued at $3 billion after raising additional capital led by 8VC, according to two people with knowledge of the funding. The fresh capital totals nearly $200 million according to a regulatory filing.
That additional capital is an extension of a $400 million Series B led by Radical Ventures that the company announced in June at a $2 billion valuation, the people said. The new capital brings the round’s total funding to $600 million. Generalist and 8VC didn’t respond to a request for comment.
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Original source: TechCrunch
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