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SoftBank Invests $200 Million in Construction Startup Gravis Robotics

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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.
SoftBank Invests $200 Million (ORG) Construction Startup Gravis Robotics SoftBank Invests (ORG) Construction Startup Gravis Robotics SoftBank Group Corp. (ORG) Gravis Robotics (ORG) Swiss (ORG) Zurich (LOCATION) Gravis (ORG) Series (EVENT) Bloomberg (ORG) SoftBank (ORG)
Originally published by Bloomberg Technology Read original →