Foxglove Secures $40M Series B Led by Bessemer Venture Partners

Why It Matters

The new capital will accelerate Foxglove’s expansion in the fast‑growing Physical AI ecosystem, bolstering its competitive edge in data observability for robotics and autonomous systems. It also signals strong investor confidence in the market potential of AI‑driven physical infrastructure.

Deal Summary

San Francisco‑based Foxglove announced a $40 million Series B round to expand its Physical AI data and observability platform. The round was led by Bessemer Venture Partners with participation from existing backers Eclipse and Amplify Partners.