Exclusive: SoftBank Is Investing $200 Million in Autonomous Construction Startup Gravis Robotics

EU-Startups reported that a $1bn post-money valuation is the end result of the funding round, in which Japan’s SoftBank was the sole investor.

It’s the sole investor in what Gravis calls the largest Series A in construction robotics history. But plenty of competitors are rolling out robot excavators of their own.