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Swiss startup Gravis Robotics has raised $200 million in a Series A from SoftBank at a $1 billion post-money valuation, bringing AI-powered autonomy and operator assistance to heavy construction equipment including excavators and earth-moving machinery for customers including Caterpillar, Hitachi, and Volvo.
South Korean builder GS E&C has signed an MOU with Daedong Robotics to deploy autonomous mobile robots at construction sites, beginning with pilot projects for material transportation and labor-intensive tasks before jointly developing construction-specific robot models.
South Korean builder GS E&C has signed a partnership with Daedong Robotics to develop and field-test AI-powered autonomous robots for construction sites. The collaboration will initially focus on materials transportation and repetitive task automation.
Sitegeist has raised €4 million in pre-seed funding to scale its AI-powered construction robots, targeting infrastructure repair and labor shortages in renovation projects.