AI Startups
Gravis Robotics gets $200M from SoftBank to retrofit excavators with self-driving AI systems
SoftBank backs Swiss startup's mission to transform heavy construction machinery with autonomous software
Gravis Robotics AG said today it has bagged $200 million in funding from SoftBank Group Corp. in what is the largest-ever Series A round for a construction robotics startup. The startup was founded in 2022 after being spun out of the Swiss Federal Institute of Technology Zurich, ...
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Generated insight by OnAirToday AI
Retrofitting heavy machinery with autonomous systems addresses critical labor shortages and improves safety in the high-stakes construction industry. This significant investment signals a shift toward digitizing traditional physical infrastructure through scalable software-defined robotics.
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