Archinect - News 2024-05-12T01:15:56-04:00 https://archinect.com/news/article/150308127/robotics-company-behind-machine-that-automates-construction-layouts-secures-9-4-million-in-series-a-funding Robotics company behind machine that automates construction layouts secures $9.4 million in Series A funding Nathaniel Bahadursingh 2022-04-26T16:12:00-04:00 >2022-04-27T19:00:58-04:00 <img src="https://archinect.gumlet.io/uploads/ac/acf32d599c05537479f2c358a900a496.jpeg?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>Rugged Robotics, a Houston-based developer of construction technology, raised $9.4 million in Series A funding. Similar to Dusty Robotics, Rugged offers a robot to automate construction layout. Rugged&rsquo;s Mark I marks architectural and engineering designs directly onto concrete floors so workers know where to build. The robot is available for commercial use, which the company delivers via layout as a service (a derivative of Robots as a Service).</p></em><br /><br /><p>The funding round was led by BOLD Capital Partners and Brick &amp; Mortar Ventures, along with Riot Ventures, Morpheus, Embark, Consigli Construction Company, and Suffolk Technologies. This latest capitalization round&nbsp;brings the company&rsquo;s full funding to around $12 million. Rugged Robotics plans to use the investment to accelerate the robot&rsquo;s deployment, expand its product offering, and make additional hires.</p> <p><br>Rugged Robotics was founded in 2018 by Derrick Morse and Logan Farrell, a NASA engineer. In 2019, the company raised $2.5 million by way of a seed funding round.<br></p>