{"id":131869,"date":"2025-11-12T21:56:09","date_gmt":"2025-11-12T21:56:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/131869\/"},"modified":"2025-11-12T21:56:09","modified_gmt":"2025-11-12T21:56:09","slug":"physical-infrastructure-ai-firm-foxglove-headed-by-kiwi-adrian-macneil-raises-us40m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/131869\/","title":{"rendered":"Physical infrastructure AI firm Foxglove, headed by Kiwi Adrian Macneil, raises US$40m"},"content":{"rendered":"

Customers include Nvidia, Amazon, Tesla, robotaxi firm Waymo<\/a>, and Wayve, a British multibillion-dollar maker of AI tech for driverless cars headed<\/a> by another Kiwi, Alex Kendall.<\/p>\n

\u201cWe\u2019ve just raised US$40m to transform the infrastructure for physical AI,\u201d Macneil said in a video posted to LinkedIn.<\/p>\n

\u201cAI is rapidly transforming critical industries like manufacturing, logistics, transportation, agriculture, construction, aerospace and defence.\u201d<\/p>\n

Foxglove lets companies \u201cevaluate robot performance, and watch 3D frame-by-frame replays\u201d.<\/p>\n

Icehouse Ventures principal Mason Bleakley said, \u201cWe\u2019ve known of Adrian for some time now as a New Zealander who had moved to the Valley and quickly become one of the most important emerging leaders in this space.<\/p>\n

\u201cFor us, it\u2019s not just a chance to back the best Kiwis, but for New Zealand investors to be able to share in the success of our brightest entrepreneurs, like Adrian, around the world.\u201d<\/p>\n

\"AmongAmong other analysis features, Foxglove’s software lets firms like Amazon, Tesla and Waymo evaluate robot or robotaxi performance with frame-by-frame virtual replays.<\/p>\n

Icehouse chief executive Robbie Paul posted, \u201cYet another Kiwi is crushing it in the US.\u201d<\/p>\n

Icehouse did not immediately comment on the size of its investment.<\/p>\n

\"AnotherAnother look at Foxglove’s UI.<\/p>\n

Foxglove, which raised US$15m in a 2022 Series A round led by Eclipse, will use its new funds to speed product development.<\/p>\n

After leaving the Treasury, Macneil worked for various start-ups before emigrating to the US as director of engineering for fast-growing crypto firm Coinbase.<\/p>\n

Macneil co-founded Foxglove in 2021 with fellow Coinbase alumnus Roman Shtylman (today billed as Foxglove\u2019s \u201ccomputer whisperer\u201d. The pair also worked together at Cruise Automation.<\/p>\n

Chris Keall is an Auckland-based member of the Herald\u2019s business team. He joined the Herald in 2018 and is the technology editor and a senior business writer.<\/p>\n","protected":false},"excerpt":{"rendered":"Customers include Nvidia, Amazon, Tesla, robotaxi firm Waymo, and Wayve, a British multibillion-dollar maker of AI tech for…\n","protected":false},"author":2,"featured_media":131870,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[50503,365,9526,363,364,3595,58797,1138,33548,1437,46662,1702,194,90697,111,139,69,2849,11596,1439,145,90698,35111],"class_list":["post-131869","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-adrian","tag-ai","tag-another","tag-artificial-intelligence","tag-artificialintelligence","tag-by","tag-crushing","tag-firm","tag-foxglove","tag-global","tag-headed","tag-infrastructure","tag-kiwi","tag-macneil","tag-new-zealand","tag-newzealand","tag-nz","tag-physical","tag-raises","tag-scene","tag-technology","tag-us40m","tag-zealander"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/131869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=131869"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/131869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/131870"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=131869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=131869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=131869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}