Robot foundation model startup Dream Labs raises $90M seed round

On October 20, 2026, Dream Labs, a startup building foundation models for robots, raised a $90 million seed round jointly led by B Capital and Kindred Ventures. John Koetsier of Forbes reported the funding first, and SiliconANGLE followed with its own coverage later that day. Dream Labs offers an API for Dream-1, its robot foundation model trained on human videos. The funding announcement coincided with the launch of a public API that gives developers access to the company's universal robot foundation model, allowing them to build smarter robots using simple video feeds. Forbes' report noted that making a robot smarter costs $3 an hour. Both outlets agree on the funding amount, the co-lead investors, and the API launch, with no conflicting details between them. The public record currently stops at the completed seed round and the opening of the API.