Boston Dynamics

Waltham, MA, United States Robotics Acquired

Boston Dynamics develops advanced mobile robots and humanoid platforms including Spot and Atlas, serving industries such as manufacturing, logistics, energy, and construction. The company specializes in dynamic locomotion, autonomous navigation, and manipulation technologies for industrial inspection, material handling, and warehouse automation.

Acquired

Boston Dynamics has been acquired

Acquired by Google (Alphabet Inc.) Dec 13, 2013

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

1992

Employees

1,001–5,000

Total Funding

$880M

7 rounds

Latest Valuation

$1.1B

Jun 21, 2021

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

2 signals
IPO Forward-looking 2026-09-20

Hyundai executive signals Boston Dynamics IPO unlikely soon; analysts cite 2029-2030

Pushes out any near-term liquidity event via public listing

M&A Recent $325M for 9.65%, implying roughly $3.3B on the put-option formula fixed in 2021 2026-07-16

SoftBank exercised its put option and Hyundai Motor Group shareholders are buying its remaining 9.65% of Boston Dynamics for about $325M

Takes Boston Dynamics to full ownership within Hyundai and removes its last outside shareholder

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $880M across 7 rounds

Last updated 09-29-2026

DateRoundAmount RaisedValuationLead Investors
Aug 2025 Paid-in capital increase (fourth) Not disclosed $21B *estimated HMG Global
2024 Paid-in capital increase (third) Not disclosed $1.84B *estimated HMG Global
2023 Paid-in capital increase (second) Not disclosed — HMG Global

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$1B $2B $5B $10B $20B 2022 2023 2024 2025 Boston Dynamics

Entry · M&A (Hyundai acquisition)

$1.1B

Jun 2021

Boston Dynamics today

$21B

Aug 2025 · latest mark

Boston Dynamics multiple

19.1x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Amanda McMaster

    Interim Chief Executive Officer

  • Marc Raibert

    Founder, Executive Director of Boston Dynamics AI Institute

  • Chad Wright

    Chief Information Officer

  • Jason Fiorillo

    Chief Legal Officer, General Counsel, and Secretary

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • ANYbotics

    Develops legged and mobile robotics for industrial inspection and applications.

  • Fetch Robotics

    Develops mobile manipulation robots for warehouse and logistics automation.

  • Figure AI

    Develops autonomous humanoid robots for manufacturing, logistics, and warehousing.

  • Agility Robotics

    Develops humanoid robots for industrial automation and material handling.

  • Amazon Robotics

    Develops autonomous mobile robots and warehouse automation systems.

  • Oversonic Robotics

    Develops humanoid robots with cognitive AI for industrial applications.

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