Exclusive: SoftBank Is Investing $200 Million in Autonomous Construction Startup Gravis Robotics
‘You press play, the machine will drive itself to the start and essentially do that entire job without intervention,’ the Gravis CEO says.
‘You press play, the machine will drive itself to the start and essentially do that entire job without intervention,’ the Gravis CEO says.
BELLINGS Intelligence Score: 12
Why it matters
SoftBank's $200 million investment in an autonomous construction startup is a notable private equity transaction but represents routine venture capital activity without immediate systemic or credit-market impact.
Sources
Inc.
Exclusive: SoftBank Is Investing $200 Million in Autonomous Construction Startup Gravis Robotics
‘You press play, the machine will drive itself to the start and essentially do that entire job without intervention,’ the Gravis CEO says.