Covariant: Funding, Investors & Team (Oct 2026)
Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.
Covariant has raised $195M across 3 funding rounds on record, the most recent a Series C of $75.0M announced in Apr 2023.
That round is above the $6.0M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.
Covariant Company Profile and Key Stats
Latest funding round on record: Apr 2023.
Covariant Funding Rounds
Covariant raised $40.0M in an undisclosed round announced in May 2020.
1.2 years later, a Series C of $80.0M was announced in Jul 2021.
1.8 years later, a Series C of $75.0M was announced in Apr 2023.
Covariant Founders and Leadership Team
Contact details for the Covariant team: 1 of 2 have an email address on file.
Start 14-day free trial →Covariant Funding Compared to Other Artificial Intelligence Startups
Covariant's latest round of $75.0M is above the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.
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Covariant Funding FAQs
What does Covariant do?
Covariant is a developer of artificial intelligence for robotics. Covariant is building the Covariant Brain, a universal AI to give robots the ability to see, reason and act on the world around them.
How much funding has Covariant raised?
Covariant has raised $195M across 3 rounds on record. The most recent is a Series C of $75.0M announced in Apr 2023.
When did Covariant last raise funding?
Covariant's most recent funding round on record is a Series C of $75.0M, announced in Apr 2023.
Who is the CEO of Covariant?
Peter Chen is listed as CEO at Covariant.
Where is Covariant headquartered?
Covariant is based in Berkeley, California, United States.
How many employees does Covariant have?
Covariant is in the 51-100 employee band.
How does Covariant's funding compare to other Artificial Intelligence startups?
Covariant's latest round of $75.0M is above the $6.0M median round size for Artificial Intelligence companies on FundedIQ across 7,239 tracked companies over the last two years.
About FundedIQ's Covariant Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Covariant is left off this page rather than filled in.
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