Gravis Robotics a Swiss Unicorn After $200m Raise
The ETH Zurich spinout says its retrofit kits can make mixed fleets autonomous or semi-autonomous while avoiding the need to build new machines.
- On Monday, Zurich-based Gravis Robotics announced a $200 million Series A investment led by SoftBank, marking what the company bills as the largest funding round in construction robotics history.
- SoftBank Group aims to dominate the "physical AI" market, backing the startup to deploy retrofit kits that turn existing excavators from manufacturers like Caterpillar, Volvo, and John Deere into autonomous fleets.
- Gravis CTO Dominic Jud stated the firm's Gravis Rack and Gravis Copilot systems utilize machine telemetry to match "subtle physical feedback," claiming up to 30% productivity gains over manual operation.
- The startup also secured a role on an $8 million UK-government-backed autonomy project with Flannery, building on previous funding rounds led by IQ Capital and Zacua Ventures.
- Masayoshi Son continues to assemble a significant robotics portfolio, including Agile Robots, as he pushes to make physical AI central to the conglomerate's next phase.
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14 Articles
The Japan Times
BloombergSoftBank invests $200 million in construction startup Gravis Robotics
The deal marks another splashy investment into robotics from SoftBank, whose founder, Masayoshi Son, is trying to make his firm a pivotal player in the global AI race.
(Seoul = Yonhap News) Reporter Jung Joo-ho = SoftBank Group [according to] Gravis Robotics, a Swiss startup that develops autonomous driving software for construction equipment...
Gravis Robotics has raised a $200M Series A led by SoftBank
Gravis Robotics, an ETH Zurich spinout building software that lets excavators and diggers run themselves, has raised a $200m Series A led by SoftBank, a round it bills as the largest ever in construction robotics. The deal confirms reports that surfaced earlier that Masayoshi Son’s conglomerate was circling the young company. Gravis, founded in 2022 and […] This story continues at The Next Web
Exclusive: SoftBank Is Investing $200 Million in Autonomous Construction Startup Gravis Robotics
It’s the sole investor in what Gravis calls the largest Series A in construction robotics history. But plenty of competitors are rolling out robot excavators of their own.
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