Self-driving excavator startup Bedrock Robotics raises $600 million

Bedrock Robotics raised $600 million in a Series C round co-led by CapitalG and Emergence Capital, valuing the two-year-old company at $4.1 billion. Its retrofit kit makes excavators autonomous, and they now work on active sites in Nevada and Texas. CEO Boris Sofman previously led Waymo's self-driving trucks programme. Bedrock has raised nearly $1 billion so far.