Genesis AI in talks for $500M round at $3B pre-money valuation

Another robotics foundation-model company is reportedly raising money at frontier-model scale. Bloomberg reports that Genesis AI is in talks with investors to raise around $500 million in a new funding round that would value the company at $3 billion before the new money, citing people familiar with the discussions. The talks are ongoing and the amounts could still change.

The scale is what stands out. Genesis only emerged from stealth in July 2025 with a $105 million seed co-led by Khosla Ventures and Eclipse, a round Bloomberg noted was unusual because it pooled both US and Chinese backers in an industry otherwise split along geopolitical lines. Going from a $105 million seed to a reported $500 million round at $3 billion pre-money in about twelve months is the kind of step-up more familiar from frontier language-model labs than from robotics companies.

Genesis is building what it calls a universal robotics foundation model. In May the startup went full-stack, pairing the model with its own robotic hardware and showing off a set of dexterous hands doing kitchen and puzzle tasks. That pivot matters here because full-stack robotics is capital-intensive in a way pure software work is not, and it helps explain why a follow-on this large would land this quickly.

The honest caveat is that this is a single-sourced Bloomberg exclusive built on unnamed people familiar with the talks. What the reporting does not give you is the lead investor, when the round would close, whether any of the earlier Chinese backers roll in given current cross-border scrutiny, or what revenue or benchmark milestones Genesis is presenting to justify the jump. The upside case, if the round prices as reported, is that Khosla, Eclipse and whoever leads this one get an early seat in the very small group of companies seriously trying to build a foundation model for physical work.