Siemens subsidiary Next47 led a series B round for the construction robotics technology developer that also featured Sumitomo's Presidio Ventures unit.
Built Robotics, a US-based developer of robotic construction tools, has completed a $33m series B round led by Next47, a corporate venture capital subsidiary of industrial equipment and appliance producer Siemens.
Presidio Ventures, a corporate venturing vehicle for conglomerate Sumitomo, also took part in the round, as did hardware-focused VC fund Lemnos and VC firms Building Ventures, Founders Fund and New Enterprise Associates (NEA).
Founded in 2016, Built Robotics produces and supplies automated guidance systems that can be affixed to…
