This Startup Says 1 Worker Can Do the Work of 5. Investors Just Bet $100 Million on It

This Startup Says 1 Worker Can Do the Work of 5. Investors Just Bet $100 Million on It

Two former SpaceX engineers are building a company that does remote construction work. It’s aiming for Mars.

SpaceX Engineers Raise $115 Million to Make Construction Faster, Cheaper and Safer After Learning At ‘a C

TerraFirma, a construction startup founded by ex-SpaceX engineers, raises $115 Million for robotic construction.

SpaceX alumni building remote-controlled construction equipment land $115 million fund round

TerraFirma on Tuesday said it raised $115 to support new hires and the building of a new factory and mission control center.

TerraFirma raises $115M to build robotic infrastructure for construction

TerraFirma’s semi-autonomous excavator at work. | Source: TerraFirma TerraFirma this week raised $115 million in Series A funding. The startup said the investment will enable it to expand its engineering, manufacturing, operations, and construction teams, as well as to continue developing its semi-autonomous heavy equipment. “Construction is the foundation everything else is built on, and it’s been going backward for 50 years,” said Noah Schoche…

The Construction Technology Being Engineered for Earth and Beyond The Construction Technology Being Engineered for Earth and Beyond

The Construction Technology Being Engineered for Earth and Beyond For most of the past half century, construction has been the industry that innovation seemed to forget. While manufacturing, logistics and communications were rebuilt around automation, sensors and software, the business of moving earth and pouring foundations changed remarkably little. That reputation is now being challenged from two directions at once, and the capital markets ha…

TerraFirma Raises $100 Million In Series A Funding Round

TerraFirma, Inc., an Austin, Texas-based tech enabled construction company founded in 2024, has raised approximately $115 million in total funding, highlighted by a $100 million Series A round. TerraFirma’s $100 million Series A was led by Kleiner Perkins, with participation from Bain Capital Ventures, Glade Brook Capital Partners, BANNER VC, Saga Ventures, Trust Ventures, Definition, PEAK6, Magnetar Capital, and Ravelin Capital. Angel investors…