It certainly follows then that some leading construction robotics companies are able to strike while the iron is hot with some healthy raises. Today, Bay Area-based Dusty Robotics announced a $16.5 million Series A. Led by Canaan Partners and featuring NextGen Venture Partners, Baseline Ventures, Root Ventures and Cantos Ventures, the round brings the startup’s full funding up to $23.7 million.
“We have an enormous amount of demand from customers across the U.S., and around the world,” founder and CEO Tessa Lau told TechCrunch. “In addition to growing our team, we will be expanding our fleet of robots and building more robots to service this demand.”
Canaan partner Rich Boyle adds that the pandemic has helped accelerate some of the already existing demand.
“Both markets are incredibly active and evolving quickly, I believe mostly due to longer-term trends….