Built Robotics Raises $33 Million Series B Round

​September 19, 2019

Built Robotics announced today that they ​are raising a $33 million series B round led by Next47, the global venture fund backed by Siemens. As part of the deal, Next47’s T.J. Rylander will be joining Built’s board of directors.

​In addition to Next47, the round include investors:

  • Building Ventures
  • ​Presidio Ventures
  • Founders Fund
  • Lemnos VC
  • New Enterprise Associates

This brings the total funding to date to $48 million, and the company now has 40+ employees. Built is actively hiring and recruiting for their engineering team.

Built Robotics automates heavy construction equipment for operations at construction sites. Built Robotics does not build the construction equipment, but rather adds their controls to existing construction machines. They currently have three products in their lineup: a skip loader, an excavator and a bull dozer.

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Written by

Mike Oitzman

Mike Oitzman is Senior Editor of WTWH's Robotics Group, cohost of The Robot Report Podcast, and founder of the Mobile Robot Guide. Oitzman is a robotics industry veteran with 25-plus years of experience at various high-tech companies in the roles of marketing, sales and product management. He can be reached at moitzman@wtwhmedia.com.