# FieldAI signs term sheet for $700M round at $10B valuation

_Published Friday, October 2, 2026 at 2:05 PM EDT · Robotics, Capital · Latest · Tier 2 — Notable_

![FieldAI signs term sheet for $700M round at $10B valuation — Primary](https://media.thenextweb.com/2026/10/robot-hand-touching-ai-chip-graphic.jpg)

Robot software company FieldAI has signed a term sheet for a $700M financing at a $10B valuation, The Next Web reported, citing Business Insider's account from a person familiar with the deal. The round has not closed. The valuation is five times the $2B mark set just over a year ago.

FieldAI builds software intended to operate humanoids, robot dogs, drones and industrial rovers rather than manufacturing machines. It sells to construction firms, data centre operators and defence companies. Revenue and customer contracts have passed $135M across more than 30 customers, a combined measure rather than revenue alone.

## Sources

- [The Next Web](https://thenextweb.com/news/fieldai-10b-europe-robot-brains)

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Canonical: https://techandbusiness.org/newswire/w6lQPD1edeUSN72yMZL33R
Published: 2026-10-02T18:05:45.272Z
Story chronology: 2026-10-02T17:38:15.000Z
Retrieved: 2026-10-02T21:53:02.613Z
Publisher: Tech & Business (techandbusiness.org)