One of the most remarkable things about construction robotics is the sheer range of tasks that can potentially be automated. As I said before, this whole category is a prime target for robotics startups, given that it meets all the big Ds of automation. It is also one of the areas where staffing has become increasingly difficult despite the resumption of construction work after the pandemic.
So if I run a fairly successful company that manufactures construction robots, I’m certainly looking to diversify. is to acquire I suspect this will become more and more regular as early stage companies struggle to raise capital in a largely stagnant VC market.
Robotics builtCurrently best known for its Exosystem, an autonomous heavy earth drilling machine.This small company is backed by YC and is best known for its concrete robots that trowel (blast) material. .Loin’s actually URLs Already redirected to the parent company.
“Since inception, the team at Roin has pushed the boundaries of construction autonomy and created unique expertise in the industry,” Noah Ready-Campbell, Founder and CEO of Built Robotics, said in a release. I’m here. With Roin joining his Built team, the combined team will continue to develop new automated construction applications, and customers can expect robotic applications to expand beyond earthmoving. ”
Roin CEO Jim Delaney will join Built as part of the engineering team. he said: I have always been impressed with what Built has launched and how they are pushing the construction industry forward by embracing new technologies, and am thrilled to have the opportunity to join their team. ”
This is not one of the one-to-one technology acquisition cases. Rather than competing, the two construction systems appear to be potentially complementary, representing two different pieces of a broader construction puzzle.