SoftBank is reportedly in early talks to acquire Gravis Robotics, a Zurich-based startup specializing in AI-enhanced construction machinery. This move could value Gravis at over $500 million and would expand SoftBank's reach in robotics, an area highlighted by its recent $5.4 billion purchase of ABB’s industrial robotics division.
Gravis Robotics: Turning Excavators Smart
Founded just a few years ago, Gravis transforms traditional heavy equipment like excavators into AI-powered machines capable of complex tasks such as trench digging and precise grading. The goal is clear: increase efficiency on construction sites, reduce the reliance on manual labor, and improve safety standards. The startup has secured $23 million so far, backed by investors such as IQ Capital and Zacua Ventures.
SoftBank’s Growing Robotics Ambitions
SoftBank’s interest in Gravis fits into a broader strategy led by founder Masayoshi Son, who has long prioritized robotics investments. After acquiring ABB’s robotics arm, SoftBank is also expanding its stake in Agile Robots. Going back to 2014, Son launched Pepper, a humanoid robot, and previously owned Boston Dynamics before selling it to Hyundai. This latest potential deal signals a push into AI-driven robotics for heavy industry, building on its existing portfolio.
The acquisition, if completed, will likely be orchestrated through Roze, SoftBank’s new AI and robotics-focused venture. However, details such as deal size and structure remain unclear. Gravis’ technology represents a shift in tackling labor shortages through automation, an increasingly key issue worldwide.
Material is for informational purposes only and not financial advice.
