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Mark I is ready to mark architectural and engineering designs straight onto concrete flooring. | Supply: Rugged Robotics
Rugged Robotics, a Houston-based developer of building know-how, raised $9.4 million in Sequence A funding. Just like Dusty Robotics, Rugged presents a robotic to automate building format. Rugged’s Mark I marks architectural and engineering designs straight onto concrete flooring so staff know the place to construct. The robotic is on the market for industrial use, which the corporate delivers by way of format as a service.
“We’re constructing higher,” Derrick Morse, founder and CEO at Rugged Robotics, mentioned. “We got down to modernize the development trade, and to construct sensible options that resolve the ache factors contractors battle with on daily basis. We consider that format is the best start line. Format is the beachhead for building automation. It sits on the intersection of the digital and bodily world, solves an enormous downside, and unlocks the flexibility to deploy robotics onto job websites in a really significant manner.”
BOLD Capital Companions and Brick & Mortar Ventures led the funding spherical. Riot Ventures, Morpheus and Embark, earlier buyers within the firm, additionally participated in the latest spherical. It additionally included participation from trade leaders like Consigli Development Firm and Suffolk Applied sciences.
Rugged was based in 2018 by Morse, a veteran of the development trade, and Logan Farrell, a NASA engineer. In 2019, it closed a $2.5 million seed funding spherical, bringing the corporate’s complete funding to this point to $12 million.
Whereas the corporate spent 18 months in stealth mode after the seed funding spherical, it’s been ready to usher in early prospects like Consigli Development Co., Suffolk Development and Brasfield & Gorrie.
“When Derrick and Logan first visited our workplace, they clearly understood the issues we face and instantly separated themselves from typical know-how startups. Their concentrate on fixing real-world issues resonates with us, and we jumped on the alternative to interact with them,” Mike Haseltine, vp and head of operations at Consigli, mentioned. “Seeing their robots, their layouts, and their affect is inspiring. They’ve constructed one thing that’s going to vary how we construct buildings.”
The corporate plans to make use of the recent spherical of funding to scale operations, develop its product providing and leverage its navigational stack to offer options for different challenges on the job web site.
It’s additionally utilizing the funding to develop its staff. Rugged not too long ago employed Mason Markee, the previous director of mechanical engineering at Auris Well being.
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