Generalist AI Raises $400M Series B at $2B Valuation

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Generalist AI, a robotics AI company based in San Mateo, California, has raised $400 million in a Series B round at a post-money valuation of $2 billion. The financing closed in early June 2026 and was led by Radical Ventures.

The investor group included 8VC, Union Square Ventures, Hanabi Capital, and Norwest, with returning investors Nvidia’s NVentures and Bezos Expeditions, along with additional support from Boldstart Ventures and Spark Capital. Angel investors included Zoom founder Eric Yuan and AI researcher Fei-Fei Li. The company has now raised more than $500 million since its founding.

Generalist AI develops general-purpose AI models for robots operating in physical environments. The goal is to let robots handle complex tasks across factories, warehouses, laboratories, and homes.

The company introduced its GEN-1 model in April 2026, engineered to manage short physical tasks across different environments. According to the company, the system demonstrated 99 percent reliability across a range of dexterous manipulation tasks and executed those tasks up to three times faster than previous state-of-the-art systems.