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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’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). — The Robot Report
The funding round was led by BOLD Capital Partners and Brick & Mortar Ventures, along with Riot Ventures, Morpheus, Embark, Consigli Construction Company, and Suffolk Technologies. This latest capitalization round brings the company’s full funding to around $12 million. Rugged Robotics... View full entry