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GRAVIS ROBOTICS RAISES $200M FROM SOFTBANK

AI DESK1 MIN READ
MON, AUG 17, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

ETH Zurich spinout Gravis Robotics secured $200 million in Series A funding from SoftBank Group to scale production of Gravis Rack, a retrofit autonomous control system for excavators.

The funding round represents the largest Series A investment in the robotics sector to date. Gravis Rack is an appliance that mounts directly onto existing excavators, enabling autonomous operation without requiring equipment replacement. The retrofit approach targets a market with substantial existing machinery, reducing barriers to adoption compared to purpose-built autonomous excavators. The technology addresses labor shortages and safety concerns in construction and mining sectors. SoftBank's investment underscores growing confidence in autonomous equipment for heavy industries. The funding will support manufacturing scale-up and market expansion beyond Gravis Robotics' Swiss headquarters. Gravis Robotics emerged from ETH Zurich, one of Europe's leading research institutions. The company joins a growing segment of startups adapting autonomous technology to heavy machinery and industrial applications.

■ SOURCES

Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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