What does Gecko Robotics do?
Gecko Robotics develops a robust AI and robotics platform that employs a range of robotic technologies—including climbing, flying, and swimming robots—to collect data on built structures such as warships, power plants, and public infrastructure. Its solutions help organizations from the U.S. military to Fortune 100 companies reduce shutdowns, minimize asset downtime, and optimize operational efficiency.
How much did they raise?
The company secured a Series D round with an undisclosed funding amount at a valuation of $1.25 Billion. The round was led by Cox Enterprises, with participation from USIT, XN, Founders Fund, and YCombinator.
What are their plans for the money?
Gecko Robotics plans to use the funds to accelerate its growth and further develop its technology, aiming to optimize and modernize critical sectors like defense, energy, and manufacturing. This investment is expected to enhance operational efficiencies and contribute to significant cost savings across industries.
What have they achieved so far?
The company has already made notable progress by reducing asset downtime and saving billions of dollars. Its innovative Operating Platform, Cantilever, provides actionable insights to predict potential system failures and improve efficiency in complex operational environments.