SoftBank Leads $200M Round for Gravis to Automate Excavators
lukas_m_ziegler · x · 2026-08-20
SoftBank invested $200M into Gravis Robotics' Series A, the largest round in construction robotics history. The ETH Zurich spinout retrofits existing excavators with autonomous control. Its core software runs on machines from Caterpillar, Volvo, John Deere, Hitachi, and 5 other manufacturers. The key commercial moat is mixed-fleet compatibility, as 2/3 of global heavy equipment demand sits outside the top 3 makers. Claims include 30% productivity gains over peak manual operations.
More from Venture
- Haight Street Compute Market: a one-day trading floor for GPU deals in SF — ctjlewis · 2026-10-16
- OpenAI's 110 London staff averaged £2.3M each in 2025, double the prior year — rohanpaul_ai · 2026-10-16
- Persona Raises $10M Led by Vine Ventures; $179 Wearable Band Expected in December — heyneighbor · 2026-10-16
- X launches Video Kickstart Bonus: up to $5,000 for posting 15 videos in 30 days — Polymarket · 2026-10-16
- Safeworld emerges from stealth with $12M to build 'CI/CD for robots' safety testing — lukas_m_ziegler · 2026-10-16
- Analyst: 80% of neoclouds may not survive, but the demand for their GPU capacity is real — BenBajarin · 2026-10-16