Covariant, headquartered in US, remains privately held. Its latest valuation stands at $625M. The stock is not listed on any public market.
One company valuation: $625M.
Index VenturesLEAD
Radical VenturesLEAD
Canada Pension Plan Investment BoardGGates Frontier HoldingsAAIX VenturesNNorthgate Capital
TemasekIndex VenturesRadical VenturesCovariant, founded in 2017 as Embodied Intelligence, is an American artificial intelligence and robotics company headquartered in Emeryville, California, started by UC Berkeley professor Pieter Abbeel with former students Peter Chen, Rocky Duan and Tianhao Zhang. Its core product, the Covariant Brain, is AI software that lets warehouse robot arms see, reason about and manipulate a wide variety of items for picking, kitting, depalletization and order sortation.
In August 2024 Amazon signed a non-exclusive license to Covariant's technology, hired about a quarter of its workforce and brought its three founders onto its own team, a deal a later whistleblower complaint valued at $380 million against a 2023 funding-round valuation of $625 million.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Covariant.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Covariant availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Covariant included.
Lead investors for each round are in the funding timeline.
The routes section explains what is realistically available for a company at this stage.
No. Covariant is a private company; its shares do not trade on a public exchange.
The last valuation is $625M.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
