Monumental raises €22.5M Seed round

15 February 2024· Amsterdam, The Netherlands· construction, robotics, ai, autonomy, b2b, software_hardware, industrial_software

The funding will be used to grow Monumental's team of hardware and software engineers, scale the number of robots it can deploy on sites across Europe, and increase the types of blocks and construction tasks the robots can manage.

Investors

LeadPlural
Also participating
NorthzoneHummingbirdMaterial VenturesNP-Hard VenturesFoundamental

About Monumental

Key People
Salar al KhafajiCo-founder & CEO
Sebastiaan VisserCo-founder & CTO
Dominic HurstChief of Staff
Stage
Series A
Headquarters
Amsterdam, The Netherlands
Founded
2021
Team Size
21–50
Sectors
constructionroboticsaiautonomyb2bsoftware_hardwareindustrial_software

Source: https://www.monumental.co/news/announcing-our-25-million-fundraise