Labor shortages, dynamic work sites, and the need for accurate data are helping drive demand for robots, drones, and AI designed to serve the construction industry.
RBR50 company Built Robotics, a San Francisco-based startup that transforms heavy construction equipment into autonomous robots with its AI guidance system, recently added Jeff Immelt as an advisor. Immelt was Chairman and CEO of General Electric (GE) for 15-plus years and was President and CEO of GE Medical Systems before that. He stepped down as…
Built Robotics, whose AI-driven systems can transform nearly any construction equipment into an a fully autonomous robot, will be unveiling its first commercially deployed systems at CONEXPO-CON/AGG.
Built Robotics closed a $33 million Series B round for its autonomy stack that turns construction vehicles into autonomous robots. The round was led by Next47 and raises the San Francisco startup’s to-date funding to $48 million. Additional investors include Building Ventures and existing Built Robotics backers Founders Fund, NEA, Lemnos, and Presidio Ventures. Built…
