Gravis Robotics, a Swiss-based company specializing in AI retrofits for construction equipment, has secured $200 million in Series A funding from SoftBank. This investment, the largest Series A in construction robotics history, values Gravis at $1 billion. The company's Gravis Rack control kit can be installed on various heavy machinery brands, offering AI-assisted operation, remote supervision, and a claimed productivity gain of up to 30%. SoftBank's investment aligns with its focus on "Physical AI" and follows its recent acquisition of ABB's robotics division. AI
IMPACT This funding is expected to accelerate the integration of AI and autonomy into heavy construction machinery, potentially increasing productivity and safety on job sites.
RANK_REASON Significant funding round for an AI-focused company in a traditional industry. [lever_c_demoted from significant: ic=1 ai=0.7]
- ABB
- Boston Dynamics
- Dai Sakata
- John Deere
- Develon
- Dominic Jud
- Gravis Rack
- Gravis Robotics
- Hitachi
- IQ Capital
- SoftBank
- Teleo
- Volvo
- Yanmar
- Zacua Ventures
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