Monumental

Monumental, an Amsterdam-based construction robotics company, has secured $32 million in Series B funding led by Khosla Ventures, with participation from Plural and existing investors including Hummingbird, to scale its autonomous bricklaying fleet across Europe and launch in the US.

Summary of transaction details:

• Value: $32 million
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: Monumental (Target), Khosla Ventures (Lead Investor), Plural, Hummingbird
• Location: Amsterdam, Netherlands (Target HQ); UK and Europe operations

Note: The investment addresses acute labor shortages in construction and stagnant productivity by deploying AI-driven robotics as an outcome-priced subcontractor model, enabling housebuilders to meet housing targets without owning equipment.