Promise Robotics raises $15M Series A for robotic homebuilding factories

Oct 31, 2023 · Funding · Promise Robotics · Construction

Promise Robotics raised a $15 million Series A to commercialize its robotic factory platform for homebuilding.

Promise Robotics company media
Company media · Promise Robotics
  • Horizons Ventures led the $15 million Series A, bringing Promise Robotics total funding to $25 million.
  • Participants included Radical Ventures, PSP Investments, United Brotherhood of Carpenters, Relay Ventures and Alate Partners.
  • The company said the capital supports commercialization of a robotic factory platform for automated construction and assembly.