TLDRocket
Sign in

SoftBank invests $200M in Gravis Robotics at $1B valuation to scale autonomous excavators

Tech Funding News Sofia Chesnokova

SoftBank invested $200 million in Gravis Robotics at a $1 billion valuation, making it the largest Series A in construction robotics. The company makes retrofittable autonomy kits for excavators that work across multiple manufacturers without reprogramming, with installations in seven countries. Gravis plans to hire staff, expand internationally, and scale deployments to address a construction industry shortage of skilled operators.

Why it matters

SoftBank has invested $200 million in Gravis Robotics, valuing the Zurich-based startup at $1 billion. The company fits…

Related stories

The daily briefing

Every AI story that matters, in your inbox by 8am.

TLDRocket reads all relevant sources, removes duplicate coverage, and summarises the day in two minutes. Follow companies and topics for alerts, or get the briefing in Slack. Free, no spam, unsubscribe anytime.