Amsterdam-based Monumental secured a $32 million Series B round led by Khosla Ventures. The company develops autonomous robotics and AI software for the construction industry.
Monumental builds autonomous construction robots paired with AI software to address labor shortages and expand construction capacity. The funding round signals continued investor confidence in automation solutions for the construction sector, which faces persistent workforce challenges globally.
The company joins a growing cohort of robotics startups targeting construction, an industry historically slower to adopt automation compared to manufacturing and logistics. Khosla Ventures' involvement underscores the climate tech firm's focus on infrastructure and built environment solutions.
Details on the round's other participants and Monumental's valuation were not disclosed. The funding will likely support product development, market expansion, and hiring as the company scales operations beyond its European base.
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