Robotic Homebuilding Startup BotBuilt Raises $12.4M

BotBuilt Inc., a startup using robots to speed up residential construction projects, has raised $12.4 million in seed funding to finance growth initiatives.

TechCrunch reported the investment today. BotBuilt’s backers are said to include Y Combinator, Ambassador Supply, Shadow Ventures and Owens Corning, a publicly traded building supplies provider. The capital infusion gives the company a post-money valuation of $35 million.

A house’s framing, the wood and metal skeleton that supports its structure, is usually assembled by hand. The manual nature of the task means that there’s a significant risk of human error. According to BotBuilt, mistakes that occur during the framing assembly process can lead to material waste and project delays.

Read the complete article at siliconangle.com.

News Articles

Rival Holdings Joins Plug and Play’s Real Estate & Construction Program in Silicon Valley

Plug and Play, the world’s largest global innovation platform, announced today that Rival Holdings has joined its Real Estate &… Read more »

News Articles

Ambassador Supply Names Tim Richards Director of Post Frame Construction and Pole Barns

Ambassador Supply has appointed Tim Richards as its new director of post-frame construction (PFC) and pole barns, effective immediately. “Tim… Read more »

News Articles

Startup BotBuilt Utilizes Robotics to Revolutionize Homebuilding

The rising cost and decreasing supply of homes in the US is pushing families to seek more sustainable alternatives. Enter… Read more »

News Articles

Robotic Homebuilding Startup BotBuilt Raises $12.4M

BotBuilt Inc., a startup using robots to speed up residential construction projects, has raised $12.4 million in seed funding to… Read more »

Talk To Us

We’re always happy to speak with like-minded business owners, entrepreneurs, and investors who share our passion for transforming the built world.

Learn More