"There's a massive peak in demand for renewable, resilient infrastructure, which means we need more operators-and there just isn't enough,"
"It's not a sexy job. It's not a job that any young person really wants to go into."
Gravis Robotics raised $23 million to expand operations across the U.K., U.S., and EU and to build more autonomous construction machines. The funding was led by IQ Capital and Zacua Ventures, with participation from Pear VC, Imad, Sunna Ventures, Armada Investment, and Holcim. Founded in 2022, Gravis develops autonomy systems for heavyweight construction equipment to address a looming shortage of skilled machine operators as many near retirement and younger workers do not enter the field. Demand from renewable infrastructure, data centers, and housing drives market growth. The technology aims to reduce risky tasks while maintaining human oversight and expand partnerships with construction firms.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]