Monumental Raises $25M in Funding
Summary
Founded in 2021 by CEO Salar al Khafaji and CTO Sebastiaan Visser, Monumental builds construction robots. Its small, electric, agile, autonomous ground vehicles (AGVs) move freely around the rough terrain of building sites to help contractors address labour shortages and rising costs, with an initial focus on bricklaying. Contractors hire Monumental as a subcontractor to bring in its robots to work as bricklayers autonomously, across the site and alongside humans. Following pilot test cases in the Netherlands, Monumental completed its first large-scale, 15-metre facade for an office and warehouse building in 2023. It has since deployed its robots on several other projects, including social housing and has partnerships with multiple top 25 general contractors.