August Robotics, a global leader in robotic automation for large-scale manufacturing applications, announced today that it has completed a $30 million Series B funding round led by Big Pi Ventures.
Existing investors Blackbird, Skip Capital, Tanarra, and Future Family Office participated in the funding round, along with new investor GS Futures, which specializes in the U.S. construction sector.
The new funding will accelerate August Robotics’ mission to automate critical workflows in infrastructure construction through fleets of robots coordinated via a unified software and hardware platform. The company’s robots are designed to dramatically accelerate critical construction tasks with high precision and reduced costs, while simultaneously addressing the labor shortage for difficult manual tasks and improving working conditions for construction workers.
August Robotics was founded in 2017 by Alex Wyatt and has developed a robotics platform that can process construction project plans, position and locate robots with precision on-site, plan and execute tasks autonomously, coordinate multiple robots as a fleet, and detect and correct errors in real time—all based on the company’s own research and development (R&D).
The company’s latest product consists of autonomous fleets of drilling robots for large construction sites, with an initial application in the construction of artificial intelligence (AI) data centers. These robots were launched through a strategic partnership with DEWALT, a subsidiary of Stanley Black & Decker (NYSE: SWK), and have already been deployed in hyperscale construction environments in the U.S. and Europe. The robots operate using August Robotics’ autonomy software in high-value drilling workflows, where precision, speed, and tight schedules are critical factors.
The company’s first product, Lionel, consists of autonomous fleets of floor-marking robots for trade shows and large indoor spaces. Lionel has validated the August Robotics platform at commercial scale with customers across 5 continents and has marked more than 30 million square meters of floor space worldwide.
The new equity financing comes during a period of rapid growth for the group and will help accelerate the construction of data centers and related construction workflows. It will support August Robotics’ international expansion across its 7 centers in the U.S., Asia, Australia, and Europe—including a new robotics hub in Athens for Europe and the Middle East and a new Data and AI Research and Development center in Melbourne. The new funds will also be used to scale up production of existing robots, strengthen the company’s footprint in artificial intelligence, and develop new robotic products for its customers in the construction, exhibition, and infrastructure sectors.
Alex Wyatt, founder and CEO of August Robotics, emphasized:
“August Robotics is proud to announce this funding round, and we are deeply grateful for the support of Big Pi Ventures, Blackbird, and our broader investor base. In recent months, our drilling robots have fundamentally changed the landscape of data center construction, compressing construction timelines and helping our customers bring critical infrastructure online faster than ever before. With the funding from this Series B round, we will expand into new markets and geographic regions, continue scaling our artificial intelligence and robotics platform, and accelerate the development of the next generation of robots that automate difficult, dangerous, and monotonous tasks across the entire spectrum of the economy.”
Panos Metsis, Partner at Big Pi Ventures, stated:
“August Robotics is a global leader in its category, offering solutions to accelerate infrastructure development and large-scale construction more broadly by applying cutting-edge robotic innovation to the physical world. Its approach, based on its pioneering unified platform, has the potential to have a significant global impact on accelerating the construction of AI infrastructure. “In Big Pi Ventures’ Growth Fund, we lead international consortia of complementary institutional investors who bring added value, to actively support exceptional, pioneering founders like Alex Wyatt in realizing their vision.”
Rick Baker, Partner and co-founder of Blackbird, said:
“Alex set out to build a platform upon which every future robot could be built—something most robotics companies never attempt. It took years of patient, largely behind-the-scenes work, including supporting his team during the Covid years when trade shows came to a halt worldwide. We supported him throughout this journey because we never wavered in our belief. This platform now has robots in operation at hyperscale construction sites around the world, with its next chapter being built in part in Australia.”
With the active participation and support of Big Pi Ventures, part of the new funding will be allocated to support August Robotics’ European expansion, including the development of a robotics hub in Athens.
Athens will serve as the base for August Robotics’ second European hub after Düsseldorf, focusing on customer service, field engineering, and the maintenance and deployment of robots at customer sites across much of Europe and the Middle East, leveraging Greece’s strong technical talent pool and its growing role in the wider region.
August Robotics’ connection to Greece is also personal: the founder of August Robotics, Alex Wyatt, now based in the U.S., has Greek roots (on his mother’s side) from Kastellorizo.
Alex Wyatt stated:
“In my view, Greece stands out in the wider region in terms of engineering talent and a supportive ecosystem geared toward technological innovation and entrepreneurial success. When we were asked to select August Robotics’ second European robotics hub, Athens was therefore a natural choice, given its strategic geographical location at the crossroads of Europe and the Middle East, two key growth regions for our business.
With the active support of Big Pi Ventures, we have high expectations for the role this new hub can play within our growing organization.”