Gravis Robotics AG announced the closure of a $23 million funding round dedicated to scaling its artificial intelligence solutions for earthmoving equipment. IQ Capital and Zacua Ventures jointly managed this investment, signaling sustained investor interest in construction automation technology. Pear VC, Imad, Sunna Ventures, Armada Investment, and Holcim also participated in the financing.
The company’s core offering is the Gravis Rack, a modular hardware system designed to retrofit excavators and similar machinery with partial autonomy capabilities.
