Monumental raises $25M to scale autonomous construction robots

Feb 15, 2024 · Funding · Monumental · Construction

Monumental raised $25 million co-led by Plural and Hummingbird to scale autonomous construction robots across Europe.

Monumental company media
Company media · Monumental
  • Plural and Hummingbird co-led the $25 million round, with Northzone, Foundamental, NP-Hard Ventures and Material Ventures also participating.
  • Monumental said the funding would grow its team, increase deployed robot count and expand the block types and construction tasks its robots can handle.
  • The company described small electric autonomous ground vehicles using sensors, computer vision and cranes to place bricks and mortar on construction sites.

Monumental designs, builds and operates fleets of autonomous bricklaying robots on live construction sites in the Netherlands, United Kingdom and United States. Founded in Amsterdam in 2021, it reports more than 100 robots, 40 projects and 100 homes completed.