Genesis AI Seeks $500 Million Funding Round At $3 Billion Pre-Money Valuation
AI robotics startup Genesis AI is in discussions to raise about $500 million in a new funding round, Bloomberg reported citing sources.
The capital raise is being pursued at a $3 billion pre-money valuation. The talks indicate market interest in the robotics sector, though the funding round has not yet been finalized.
From the sources (3 posts)
@techmemeSources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation (Bloomberg) (Visit Techmeme dot com for the link and full context!)
@nmasc_RT @Techmeme: Sources: AI robotics startup Genesis AI is in talks to raise around $500M in a new funding round at a $3B pre-money valuation…
@edludlowRT @RebeccaTorrenc5: Robotics funding scoop! Genesis AI is discussing a raise of ~$500 million at a $3 billion pre-money valuation, sources…