
TSG Invest has added Gecko Robotics, a Pittsburgh-based AI and robotics company valued at $1.25 billion, to its Venture 50 Pre-IPO Index, replacing Groq. Gecko Robotics is notable for its advanced robots that inspect critical infrastructure and its AI platform managing over 500,000 assets globally. The company recently secured a $71 million five-year contract with the U.S. Navy and expanded its partnerships, including a multi-year deal with Abu Dhabi National Oil Company. This inclusion reflects Gecko's strong market position, growth, and strategic momentum in the late-stage private company sector.