Built Robotics announced a $33 million Series B round last month. The company’s goal is to allow one equipment operator to oversee a fleet of vehicles working autonomously, only entering the cab for tasks that the machine can’t complete on its own.
Instead of building its own vehicles, Built Robotics converts a company’s equipment that is already on the market. According to TechCrunch, the company sells a kit that straps to the top of machines like excavators, bulldozers, and skid steers and “meshes” tech like GPS, and Wi-Fi into the machine, giving it autonomous functionality.
According to TechCrunch, the company had previously disclosed a $15 million Series A it raised in 2017, bringing its total funding to $48 million.
Source: TechCrunch
