Gecko Robotics Secures $125 Million Funding, Achieves Unicorn Status with AI-Powered Infrastructure Inspection

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Gecko Robotics, a Pittsburgh-based AI and robotics company, has raised $125 million in a Series D funding round, valuing the company at $1.25 billion. The company specializes in using advanced robots and AI for critical infrastructure inspection and maintenance.

Gecko Robotics Secures Significant Funding

Gecko Robotics, a Pittsburgh-based AI and robotics company, has announced a substantial financial milestone. The company has successfully raised $125 million in a Series D funding round, propelling its valuation to an impressive $1.25 billion

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. This latest investment has catapulted Gecko Robotics into the coveted unicorn status, a remarkable achievement for the company founded by Jake Loosararian approximately twelve years ago

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Innovative Technology for Critical Infrastructure

At the core of Gecko Robotics' success is its cutting-edge technology designed for modernizing and maintaining critical infrastructure

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. The company has developed a fleet of advanced robots capable of climbing, flying, and swimming to inspect various structures. These robots collect vast amounts of data from critical infrastructure, including:

  • Defense installations
  • Energy facilities
  • Manufacturing plants
  • United States Navy warships
  • Power plants
  • Public infrastructure

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Source: SiliconANGLE

Source: SiliconANGLE

AI-Powered Operating System: Cantilever

The data collected by Gecko's robots is processed through Cantilever, the company's AI-powered operating platform

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. This sophisticated system provides a decision-making structure that can:

  • Predict pipeline explosions
  • Modernize C-130 aircraft
  • Recommend ways to increase power plant efficiency by 3-5%

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Jake Loosararian, co-founder and CEO of Gecko Robotics, emphasized the company's evolution, stating, "Gecko was built out of my college dorm room, to what it is today -- the company ensuring the safety of public infrastructure, the optimization of energy and manufacturing facilities, and the modernization of allied militaries to deter global conflict"

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Source: CNBC

Source: CNBC

Strategic Partnerships and Collaborations

Gecko Robotics has been actively forming strategic partnerships to expand its reach and capabilities:

  1. A $100 million partnership with NAES Corp., America's largest independent power operator

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  2. Collaboration with L3Harris Technologies Inc. to create an extended reality solution for aircraft maintenance

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  3. Expanded work with Abu Dhabi National Oil Co. for gas facility inspections

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Investment and Future Prospects

The latest funding round was led by new investor Cox Enterprises, with participation from existing investors including USIT, XN, Founders Fund, and Y Combinator

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. To date, Gecko Robotics has raised a total of $347 million

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Trae Stephens, partner at Founders Fund, highlighted the unique position of Gecko Robotics in the tech industry: "While much of the tech industry is focused on consumer AI applications, Gecko Robotics is using AI to address an important, underappreciated challenge -- the building and maintenance of critical infrastructure"

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As Gecko Robotics continues to grow and innovate, its AI-driven approach to infrastructure inspection and maintenance positions it as a key player in ensuring the safety and efficiency of vital structures across various sectors.

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