Found in Robotics News & Content, with a score of 17.34
…automation to deliver pre-assembled rebar to job sites. Scaffolding: KEWAZO automates and digitizes the on-site material flow with robotic hoists and data analytics. Challenges for construction robotics To be sure, construction brings its own set of challenges when it comes to the adoption of robotics. Safety regulations require a thoughtful approach before putting a machine on a construction site. In addition, the cost-benefit equation has to work; dependable robotics are not cheap, so the scale has to be there to justify the investment. But it’s clear construction is now primed to embrace automation on a scale not seen before. Straights…
Found in Robotics News & Content, with a score of 34.52
…project management and make the construction industry more efficient. KEWAZO GmbH has developed the LIFTBOT robotic hoist and ONSITE analytics platform, focusing first on scaffolding assembly. The global market for construction robots could reach $190 million by the end of 2033, according to Infoholic Research. Similarly, Intelligence Market Report forecast a compound annual growth rate (CAGR) of 6.97%, from $319.55 million in 2021 to $512.09 million by 2028. KEWAZO today announced that it has raised $10 million in Series A funding, which it plans to use to expand its logistics and digitization offerings. Artem Kuchukov, co-founder and CEO of KEWAZO,…
Found in Robotics News & Content, with a score of 53.30
KEWAZO GmbH today announced the closing of its $10 million Series A round, bringing its total funds raised to date to about $20 million. The Munich, Germany-based company said it plans to use the financing to expand its fleet of construction robots. “We have an excellent group of partners coming together that will enable us to keep building a leading company in construction robotics,” stated Artem Kuchukov, co-founder and CEO of KEWAZO. “This influx of capital will propel us to expand our robotic fleet across Europe and North America, in tandem with enabling us to build out additional digital services.”…