Gravis Robotics, a Swiss startup founded in 2022, secured $200 million in Series A funding from SoftBank to advance autonomous excavator technology for construction sites. The company’s Gravis Rack system retrofits existing heavy machinery from manufacturers such as Caterpillar and John Deere with AI-powered autonomous capabilities, delivering a 30% productivity boost over manual operation. The funding will support global expansion, including a recently won $8 million contract in the United Kingdom.
