Monumental secures $32M Series B to accelerate construction automation
Monumental,the Amsterdam-based construction technology company developing autonomousrobotics and software for the building industry, has raised $32 million in aSeries B funding round led by Khosla Ven... Monumental develops autonomous construction robots and AI software to help builders address labour shortages and increase construction capacity. Robotics Monumental secures $32M Series B to accelerate construction automation Monumental develops autonomous construction robots and AI software to help builders address labour shortages and increase construction capacity.
Key Takeaways
- Founded by Salar al Khafaji and Sebastiaan Visser , Monumental is addressing labour shortages in construction through autonomous bricklaying robots powered by its AI platform, Atrium.
The company's electric robots combine advanced sensors, computer vision and cranes to lay bricks and mortar with millimetre precision.
- Rather than selling robots directly, Monumental provides a construction service in which contractors pay for completed walls instead of purchasing and operating equipment.
The outcome-based model removes the financial and operational complexity of adopting robotics while allowing builders to increase capacity without expanding their workforce.
- Nearly half of those homes were completed during the past three months, reflecting a rapid increase in deployment.
Salar al Khafaji, co-founder and CEO of Monumental, said the global construction industry lacks the workforce needed to meet rising demand and that increasing capacity requires practical automation rather than experimental technology.
- Alongside further growth across Europe, the company is preparing its first pilot projects in the US as it continues its international expansion.
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Stats & Key Facts
- #Monumental,the Amsterdam-based construction technology company developing autonomousrobotics and software for the building industry, has raised $32 million in aSeries B funding round led by Khosla Ven...
- #Robotics Monumental secures $32M Series B to accelerate construction automation Monumental develops autonomous construction robots and AI software to help builders address labour shortages and increase construction capacity.
- #Tamara Djurickovic 2 hours ago Share Share Send email Copy link Monumental , the Amsterdam-based construction technology company developing autonomous robotics and software for the building industry, has raised $32 million in a Series B funding round led by Khosla Ventures , with participation from existing investors Plural and Hummingbird.
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Monumental develops autonomous construction robots and AI software to help builders address labour shortages and increase construction capacity. Robotics Monumental secures $32M Series B to accelerate construction automation Monumental develops autonomous construction robots and AI software to help builders address labour shortages and increase construction capacity. Tamara Djurickovic 2 hours ago Share Share Send email Copy link Monumental , the Amsterdam-based construction technology company developing autonomous robotics and software for the building industry, has raised $32 million in a Series B funding round led by Khosla Ventures , with participation from existing investors Plural and Hummingbird.
Founded by Salar al Khafaji and Sebastiaan Visser , Monumental is addressing labour shortages in construction through autonomous bricklaying robots powered by its AI platform, Atrium. The company's electric robots combine advanced sensors, computer vision and cranes to lay bricks and mortar with millimetre precision. The robots are deployed as autonomous subcontractors on construction sites.
Rather than selling robots directly, Monumental provides a construction service in which contractors pay for completed walls instead of purchasing and operating equipment. The outcome-based model removes the financial and operational complexity of adopting robotics while allowing builders to increase capacity without expanding their workforce. Monumental currently operates a fleet of more than 150 robots across construction projects in the Netherlands and the UK.
For more details please read the original article at Tech.eu.
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