From Superinnovators 21/02/24
Amsterdam-based startup Monumental (f. 2021) emerged from stealth this week with a $25 million raise to expand its AI-powered, autonomous construction robots across Europe.
The funding, co-led by Plural and Hummingbird, will enable the scaling of robot deployment and enhancement of their capabilities in handling diverse construction tasks.
Founded by serial entrepreneurs CEO Salar al Khafaji and CTO Sebastiaan Visser, the company aims to address labour, cost, and sustainability challenges in construction with its unique integration of AI, autonomous technology, and low-cost hardware.
Monumental completed its first large-scale, 15-metre facade for an office and warehouse building in 2023 and has since deployed its robots on several other projects.
More info
https://www.monumental.co/posts/announcing-our-25-million-fundraise
