Built Robotics digs up $64M for construction vehicle autonomy kits
Summary
Tiger had done some calls with some of our customers, and they just heard really, really positive responses,” Noah Ready-Campbell, CEO of Built Robotics, said. Usually when you get an offer like that, I think it makes sense to take a hard look.” Built creates an autonomy retrofit kit for excavators called Exosystem. “As a leader in autonomous construction technology, Built’s focus on easy-to-install robotic upgrades for heavy equipment is generating significant demand,” Griffin Schroeder, partner at Tiger Global, said. “We are excited to partner with them as their autonomous trenching solution helps transform the construction of solar farms, oil & gas projects, and other large and critical infrastructure projects around the world.” Exosystem can be rented as standalone units to be installed onto a customers’ existing fleet or customers can lease upgraded excavators from Built with the technology already built in. “If you’re an REO, you actually need to be pretty computer savvy – you really need to understand how to read survey plans, how to get out there and shoot GPS points.