Gravis Robotics Raises $200M from SoftBank at $1 Billion Valuation for AI Construction Equipment
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.