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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.

Jeremy LevineAlexandra SukinJason Scheller

Jeremy Levine, Alexandra Sukin & Jason Scheller

Published on Nov 12, 2025

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.

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.

Contributors

Jeremy Levine

Jeremy Levine

Partner

Jeremy Levine is a partner in Bessemer’s New York office. He joined the firm in 2001 and focuses primarily on software and Internet opportunities. He has led investments for Bessemer in North and South America, Europe and Asia.

Five of his early stage investments—LinkedIn, MindBody, Pinterest, Shopify and Yelp—grew into billion-dollar publicly traded companies. In addition, he has also served on the boards of several portfolio companies before they were acquired by larger corporations such as Amazon, Cox, Sony and Naspers.

Jeremy graduated from Duke University with a B.S. in computer science and economics.

Learn more about many of the entrepreneurs Jeremy has backed by listening to This is Series A and hear more about his investing outlook and Bessemer’s approach to the venture capital business on this episode of Invest Like the Best.

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Alexandra Sukin

Alexandra Sukin

Vice President

Alexandra Sukin is a vice president in the New York office where she focuses on consumer tech and SMB software.

Before joining Bessemer, Alexandra worked at Stripes Group, a growth equity firm in New York City, and Fluent City, an educational technology firm in Brooklyn.

Alexandra graduated magna cum laude with Highest Honors from Harvard College in the Department of Government, where she was a John Harvard Scholar and a Joseph Bonaparte Scholar as well as the recipient of the Eric Firth named thesis prize. Alexandra enjoys running, hiking, and skiing in her free time.

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Jason Scheller

Jason Scheller

Investor

Jason Scheller is an investor based in Bessemer's New York City office, where he focuses on enterprise software and defense tech. 

Prior to joining Bessemer, Jason was one of the first hires at Patch, a Series B startup, where he worked in growth.

Jason holds a BBA from the University of Michigan's Stephen M. Ross School of Business. In his free time, he enjoys running, lifting, cold plunging, and hunting (waterfowl, deer, turkey).

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