Gravis Robotics has raised $200 million in a Series A investment from SoftBank to scale its autonomous heavy machinery technology across construction sites globally.
The company says growing demand for energy networks, data centers, housing, transit and climate-resilient infrastructure is placing increasing pressure on the construction industry. Labor shortages are adding to the challenge, while heavy construction remains one of the least automated major industries.
Founded in 2022 and spun out of ETH Zurich, Gravis develops physical AI technology designed to bring software-defined intelligence and autonomous operation to heavy construction machinery. [Read more…] about Gravis Robotics raises $200 million to scale its construction robotics business