August Robotics Raises $30M in Series B Funding

Hong Kong-based robotics automation company August Robotics has raised $30 million in a Series B funding round led by Big Pi Ventures. The round also saw participation from Blackbird, Skip Capital, Tanarra, Future Family Office, and GS Futures.

The company said it will use the new funding to expand its operations and continue developing its robotics technology for construction and industrial applications.

Founded in 2017 by Alex Wyatt, August Robotics develops modular robotic systems designed for large-scale construction projects. Its platform enables robots to interpret project plans, navigate sites with precision, execute tasks autonomously, and coordinate with multiple robotic units. The system also identifies and corrects errors in real time through in-house software and hardware capabilities.

The company’s latest product line focuses on autonomous downward-drilling robots used at prefabricated construction sites. The initial deployment targets AI data center construction projects.

August Robotics launched the drilling robot fleets through a strategic partnership with the DEWALT brand of Stanley Black & Decker. According to the company, the systems are already being used in large hyperscale construction projects across the United States and Europe.

Before this, the company introduced “Lionel,” an autonomous floor-marking robot designed for exhibitions and large indoor venues. The product is used to automate floor layout and marking tasks in indoor environments.

The funding comes as construction and industrial companies continue exploring robotics to improve efficiency, reduce manual workloads, and manage large infrastructure projects.