News Score: Score the News, Sort the News, Rewrite the Headlines

Gecko Robotics raises $125 million in deal valuing critical infrastructure startup over $1 billion

Gecko Robotics announced on Thursday that it raised $125 million in a Series D funding round, raising the AI and robotics company's valuation to $1.25 billion.The new round of funding means the Pittsburgh-based company has reached unicorn status, roughly twelve years after it was founded by Jake Loosararian. The company's previous round of funding, a $173 million Series C in December 2023, valued it at $633 million.To date, the company has raised $347 million from investors including USIT, XN, F...

Read more at cnbc.com

© News Score  score the news, sort the news, rewrite the headlines