Robotics
4d ago
Gravis Robotics secures $200 million investment from SoftBank for construction tech
Aug 19, 2026
AI Summary
Gravis Robotics has received a $200 million investment from SoftBank to enhance its autonomous technology for construction machinery. The funding underscores SoftBank's confidence in the potential of physical AI to automate equipment used in critical infrastructure projects.
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- Gravis Robotics specializes in retrofitting excavators and heavy machinery with autonomous capabilities.
- The $200 million investment from SoftBank aims to support advancements in construction technology.
- CEO Ryan Luke Johns highlighted the importance of automating earth-moving equipment for infrastructure projects like roads, quarries, and mines.
- The investment reflects a growing interest in the physical AI sector.
roboticsconstructioninvestmentautonomous systemsinfrastructure