We went from 0 to $100M ARR in just 6 months after launching shift.
Also we hosted Europe’s first Physical AI summit to accelerate distirbution of robots.
And it still feels like day 0.
Onwards
Introducing Underdog, your Private Personal AI on devices you already own
Today we're announcing our backing from @a16z@khoslaventures@HummingbirdVC Anthology (@AnthropicAI@MenloVentures) @patrickc@naval@rauchg@polynoamial@Thom_Wolf@Mascobot@tszzl@OfficialLoganK and other top AI leaders
Our mission is to provide free, capable, reliable and private AI to billions of people.
Underdog’s Law: today’s frontier intelligence reaches your devices in six months.
We’re starting with fast, capable AI that runs on consumer hardware. By co-designing models and inference engines, we’re pushing the frontier of capability, speed, power and data efficiency.
Our research also spans agentic commerce, confidential inference, and how AI will reshape the internet economy.
Privacy and capability no longer needs to be a tradeoff. If you believe in this future, join us. Time to build.
We’ve raised $80 million in Series A funding, co-led by the Valor Atreides AI Fund and Hummingbird Ventures, with continued participation from Conviction, Abstract, A*, and Grant Gordon. This brings our total raised to over $100 million.
We started Watney by asking a simple question -- what can a robot enable in industries where the work remains valuable on an infinite horizon? We found an answer in the fundamental inputs to civilization: energy, matter, and intelligence.
A robot will never be as charming as a barista or as personable as a housekeeper, but it can be more exacting than a surgeon. And, a breakthrough in one quickly becomes the capability of millions. We don’t imitate human motions or processes. We care about the new, differentiated capabilities robots can unlock. We work on problems where our choice of embodiment gives us an order of magnitude advantage, whether through precision, reliability, or scale.
Compute is just beginning to transform society, but it’s constrained by execution. Since 2025, Watney has been serving the largest hyperscalers in the world, helping accelerate their compute rollout through an end-to-end deployment model.
Across hundreds of thousands of hours in customer facilities, our systems have achieved more than four nines of reliability. They’ve enabled our customers to build data centers faster, at larger scales, and with more ambitious architectures. Today, we operate the largest fleet of dexterous robots running 24/7/365 across the United States.
This is all to say, it's an exciting time at Watney. We’re all here because we want to see more ambition in the physical world. We are hiring across all domains. Join us.
We've raised $700M at a $21B valuation from Jane Street, Kleiner Perkins, Sequoia, A16Z, Peter Thiel, BCV, and Blackstone.
We're also excited to share that we've shipped our first rack to Jane Street.
We're coming out of stealth.
We've built our first racks after a successful A0 tapeout, $1B+ in customer contracts, and $800m raised.
Early customer tests show us achieving SOTA throughput, latency, and power efficiency on inference workloads.
Our first racks ship this summer.
One of Europe’s top venture capital firms is on a worldwide hunt for 'misfit' founders, as it closes in on an $800mn fundraise that will help it double down on a strategy of backing unconventional entrepreneurs. https://t.co/4jwWbqIgq4
Lovable just crossed $100M ARR in 8 months.
Faster than OpenAI, Cursor, Wiz, and every other software company in history.
Today we're launching a game-changing update, it reduces the error rates by 91%.
Introducing Lovable Agent:
@lovable is on a tear, raising $200m at a $1.8b valuation only 8 months after launching. Already changing the fabric of the internet, Lovable makes it possible for anyone to build software. Congratulations to Anton, Fabian, and the whole team! 🚀https://t.co/GbRRYBBl0H
We just delivered an ENTIRE BLOCK of 8 houses near in Assendelft (near Amsterdam).
All the brickwork was entirely done with a fleet of 5 of Monumental's robots (yes, including the corners) working together, a first in the world.
We are launching our first SF-based cohort of our Analyst Program. This is a two year program to be fully immersed in global, early-stage investing.
Applications are open until April 25.
https://t.co/xHixH79WG2
Check out the new 2024 Cohort of Magnificent Grants. And happy to report that going forward, the fellowship application process will be on a rolling basis, launching a nomination system... https://t.co/H67dfKVRpf