Gravis Robotics gets $200M from SoftBank to retrofit excavators with self-driving AI systems - SiliconANGLE
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, having developed intelligent, software-defined systems for heavy excavators. Its software transforms them into self-operating machinery that’s able to navigate busy construction sites and perform work autonomously, without human drivers.