11.12.25

Leading the future of robotics infrastructure with Foxglove

Bessemer Venture Partners leads Foxglove’s $40M Series B, redefining the infrastructure layer for today’s robotics innovators.

As the cost of hardware declines and breakthroughs in AI models offer the ability to build more autonomous systems, the robotics industry stands at a pivotal moment, driven by powerful tailwinds. According to a Statista market forecast, global robotics market revenue is projected to exceed $50 billion in 2025 and grow at a compound annual rate of 9.49% through 2029, scaling to an estimated $73 billion by decade’s end. Large enterprises like Amazon are already seeing the benefits, with the company deploying its millionth robot in July 2025. 

Rising global labor costs continue to squeeze margins for manufacturers and service providers. As a result, automation is becoming critical, accelerating the adoption of robotics for repetitive or hazardous tasks. As the robotics industry grows and more teams go from the lab to live deployment of robotic systems, we believe there will be an increasing demand for infrastructure companies that automate repetitive tasks in development and deployment. This new infrastructure stack will enable teams to focus on the most proprietary components of development. 

Here's where Foxglove comes in: a unified, purpose-built platform that enables robotics teams to easily visualize, analyze, and manage large volumes of multimodal data — like sensor streams and camera feeds — through powerful, interactive dashboards. The product excels in making the complexities of robotic system observability accessible, offering out-of-the-box panels for interactive 3D scenes, robust timeline-based playback, and customizable layouts that foster real-time collaboration and rapid debugging. Foxglove empowers teams to accelerate robotics development and deliver reliable autonomy faster, whether operating small fleets or scaling enterprise deployments.

 

Foxglove: The infrastructure platform for physical AI

Empowering a new generation of robotics developers

At Bessemer, we’ve witnessed a similar transformation in cloud software where, as the market grew, we saw infrastructure companies like Twilio, Auth0, and others emerge to automate common developer workflows. We’re proudly partnering with Foxglove as they build key infrastructure for robotics by leading the team’s $40M Series B.

Founders Adrian Macneil (CEO) and Roman Shtylman (CTO) first spotted the need to automate development workflows in the autonomous vehicle (AV) space while working at Cruise, which later led to the duo starting Foxglove in 2021. Today, Foxglove offers a cutting-edge platform for multimodal data management, made for developers in companies, small and large, to automate their robotics development workflows. 

The company is quickly gaining momentum with industry-leading customers in robotics, automotive, and defense, including companies like Anduril, Dexterity, Wayve, and more. Foxglove is positioned to help a wave of new robotics companies speed up critical workflows in development and deployment, and we are delighted to support them in this next phase.