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US Innovative Technology Fund (USIT) news

US Innovative Technology Fund (USIT) appears in 1 story we have published in October 2026, mostly in our Funding coverage. It is most often reported alongside 8VC, Alphabet Inc. and Bedrock Robotics.

Latest development

Bedrock Robotics raises $600 million at $4.1 billion valuation for autonomous construction vehicles

Bedrock Robotics, a startup automating construction equipment, has closed a $600 million Series C funding round, bringing its valuation to $4.1 billion. The round was co-led by CapitalG and Emergence Capital, with participation from new investors including Bessemer Venture Partners, Temasek, and US Innovative Technology Fund. The company’s autonomous excavators are already operating on commercial job sites across the U.S.

27 October 2026

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