August Robotics, the global category-leading robotics automation business for construction and industrial applications, today announced that it has raised a US $30 million Series B equity financing round, led by Big Pi Ventures. Existing investors Blackbird, Skip Capital, Tanarra and Future Family Office are participating in the syndicate, alongside incoming construction-specialist US investor GS Futures.

This latest financing will fast-track August Robotics’ mission to automate critical physical-world workflows through robot fleets co-ordinated via a single software, hardware and fleet-management platform. The company’s robots are designed to massively accelerate critical building tasks with ultra-high precision, alleviating pressures on scarce manual labor.

Founded in 2017 by Alex Wyatt, August Robotics has built a modular robotics platform that can ingest project plans, localize robots precisely on site, plan and execute tasks autonomously, co-ordinate multiple robots as a fleet, and detect and rectify errors in real time – all based on in-house R&D.

August Robotics’ latest product offering consists of autonomous fleets of downward-drilling robots for large pre-fabricated construction sites, with an initial use case in AI data center construction. These robots were launched in strategic partnership with Stanley Black & Decker’s (NYSE: SWK) DEWALT brand and have already been deployed across high-profile hyperscale construction environments across the US and Europe. The robots apply August Robotics’ core autonomy stack to high-value drilling workflows where precision, speed and schedule compression are critical.

The company’s first robot product, Lionel, consists of autonomous floor-marking robot fleets for exhibitions and large indoor spaces. Lionel has validated August Robotics’ platform at commercial scale with clients on 5 continents and more than 300 million sqft of area marked around the world.

The new funding comes at a time of rapid growth for the business, helping accelerate deployments across data center sites and adjacent construction workflows. It will support August Robotics’ global scale-up across its 7 hubs, which are located across the US, Asia, Australia and Europe – including a new EMEA hub in Athens and a new Data and AI R&D center in Melbourne. The new funds will be used to scale up production for existing robots, enhance the company’s already strong AI footprint and develop new robotic products for the company’s customers in the construction, exhibition and infrastructure sectors.

Alex Wyatt, Founder and CEO of August Robotics, commented:

“August Robotics is proud to announce this capital raise, and we are deeply grateful for the continued support of Big Pi, Blackbird, and our broader investor community. In recent months, our drilling robots have fundamentally changed what is possible in data center construction, compressing construction schedules and helping our customers to bring critical infrastructure online faster than ever before. With this Series B funding, we will expand into new markets and geographies, continue scaling our AI androbotics platform, and accelerate the development of the next generation of robots that automate dirty, dangerous, and dull tasks across the economy.”

Panos Metsis, Partner at Big Pi Ventures, said:

“August Robotics is a globally category-leading business addressing a key bottleneck in digital infrastructure build out via applying technological innovation to the physical world. Its platform approach has a potentially profound impact in accelerating AI through put globally. At Big Pi Ventures’ Growth fund, we lead international syndicates of complementary, value-adding institutional investors to actively support exceptional, thought-leading and proven founders like Alex realize their vision.”

Rick Baker, Partner and Co-Founder at Blackbird, said:

“Alex set out to build a platform every future robot could be built from, something most robotics companies never attempt. It took years of patient, mostly invisible work, including holding his team together through the COVID years when exhibitions shut down globally. We backed him through all of it, because the conviction was never in question. That platform now has robots running on hyperscale construction sites around the world, with part of its next chapter being built here in Australia.”