Funding Arrakis Raised $38M on a Bet Against Desk Work. Construction Is on the Target List. Seven months after being founded, the London and Paris startup came out of stealth with a $30 million Series A led by Blossom Capital. Its pitch is that AI's real return is in industrial operations, not offices — and its own site lists engineering and construction as a target sector. Its disclosed customers are not there yet. Hugo Pegley · Aug 3, 2026
Funding Monumental Raises $32M to Send Its Bricklaying Robots to America The Amsterdam robotics company, founded by two engineers who sold their last startup to Palantir, has raised a Khosla-led Series B on an unusual premise: it doesn't sell robots, it sells finished walls. Next stop is Texas, Florida, Virginia and Arizona. Hugo Pegley · Jul 20, 2026
Funding Xpanner Raises $18M to Sell Construction Automation Like a Software Subscription The Korean startup doesn't sell robots — it retrofits the machines contractors already own and charges for autonomy by the task. With revenue that tripled to $21 million last year and a profit already on the books, it is one of the few physical-AI companies that can point to a working business model. Hugo Pegley · Jun 18, 2026
Funding August Robotics Raises $30M to Send Autonomous Drilling Robots Into the Data-Center Boom The Series B, led by Big Pi Ventures, backs a robotics company that has quietly tied its fortunes to the most capital-intensive construction trend of the decade: the global build-out of AI data centers. Hugo Pegley · Jun 13, 2026
