Technology
SoftBank Invests $200 Million in Construction Startup Gravis Robotics
Key Points
SoftBank Invests $200 Million in Construction Startup Gravis Robotics SoftBank Group Corp. has invested $200 million in Gravis Robotics, a Swiss startup that makes autonomous software for construction machinery. Zurich-based Gravis announced the Series A investment in a statement on Monday but didn’t share a valuation. Bloomberg reported in July that SoftBank was considering an acquisition of Gravis that may be completed in several stages, which includes injecting fresh capital over time.
SoftBank Invests $200 Million in Construction Startup Gravis Robotics
SoftBank Group Corp. has invested $200 million in Gravis Robotics, a Swiss startup that makes autonomous software for construction machinery.
Zurich-based Gravis announced the Series A investment in a statement on Monday but didn’t share a valuation. Bloomberg reported in July that SoftBank was considering an acquisition of Gravis that may be completed in several stages, which includes injecting fresh capital over time.