Construction robotics startup Monumental recently revealed securing $25 million in funding with the aim of addressing the labor, cost, and sustainability challenges prevalent in the global construction industry.
Established in 2021, Monumental specializes in creating small, electric, and agile autonomous ground vehicles (AGVs).
These robots navigate freely across the challenging terrain of construction sites, offering a solution to labor shortages and escalating costs. The Amsterdam-based startup’s primary focus is on the field of bricklaying.
“The construction industry is one of the largest and most important in the world, yet it’s held back by global labor shortages and rising supply chain costs,” said Salar al Khafaji, co-founder and CEO of Monumental, in a release. “At Monumental, we’re working to help the industry meet these challenges.”
“Our agile, intelligent, and adaptable robots and software blend human expertise with robotic efficiency in a way that the industry has never seen before,” he added. “They will revolutionize not just how buildings are constructed, but [also] transform the economics of the construction industry itself. We’re delighted to have this stellar team of investors joining us on this mission.”
After conducting pilot test cases in the Netherlands, Monumental achieved the completion of its inaugural large-scale, 15-meter (49.2-foot) facade for an office and warehouse building in 2023, the Bot Report reported.
Subsequently, the company has deployed its robots on various projects, including those involving social housing.
Monumental has established partnerships with multiple top 25 general contractors, showcasing its growing presence and collaboration within the construction industry.
Written by B.C. Begley
