Home » Construction robot start-up completes £11.6m financing round

Construction robot start-up completes £11.6m financing round

by Sion Geschwindt
Construction robot start-up completes £11,6m financing round

Weijian Technology, a Chinese company specialising in the R&D of smart construction robots, has recently completed an A and A+ financing round worth a total of 100 million yuan (c.£11,6m).

The leading investor of the A-round was K2VC, and co-investors were Squoia China, Poly Capital and previous shareholder Linear Capital. This Round A+ round was exclusively financed by Poly Capital.

This round of investment will be mainly used for R&D, production, and the marketing of plastering and reinforcement robots.

Weijian Technology was founded in June 2020, and is the only Chinese company in the industry that uses intelligent robots to complete the plastering at construction sites.

The company now has about 60 staff covering robotics, construction technology, control, autonomous navigation, vision, IoT, AI, and others.

Weijian leverages sensors to automatically sense the altitude of the robots and designs an automatic leveling mechanism. For complex wall surfaces, 3D vision technology is applied by strengthening the adaptive adjustment ability of cloth mechanism.

Weijian also researches and develops its own offline simulation software based on the BIM model.

This software automatically carries out planning a path, generating operation programs and maps, and automatically corrects errors between actual houses and the simulated models through ranging sensors, thus enhancing the working efficiency of plastering robots.

Apart from the plastering robot, Weijian has also launched a robot for steel bars, which can be used for cutting and shaping steel bars at a construction site.

Image credit: Engineer studio/Shutterstock

Read next: Honda tests Autonomous Work Vehicle at solar construction site

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