All3, a company developing robotic tools for the construction industry, has secured a $25m (£18.5m) seed investment.
The group has built technologies to work across the construction sector, including an autonomous legged robot (pictured) for on-site assembly, AI design software and robotic factories that produce custom components.
The company is based across Europe with locations in London, Belgrade, Berlin and Zug. The new funding will primarily support the research and development operations in the UK and Serbia.
“We started All3 to develop robotics and AI solutions that can be deployed to fix construction’s existential problems,” said All3 co-founder and chief executive Rodion Shishkov.
“This seed round validates that we’re positioned to solve a problem historically considered impossible. Construction is the largest global sector yet to experience a productivity revolution – representing a trillion-dollar opportunity.
“With this funding, we’ll scale deployment of our technology with one clear mission: to solve the housing crisis once and for all. Access to quality housing is a fundamental human need, and we’re building the technology to make it a reality for everyone.”
The investment was led by RTP Global and included funding from SuperSeed, Begin Capital, s16vc and VNV Global.
“There’s huge potential for technology to improve efficiencies and project delivery in the construction sector,” said Jelmer de Jong, a partner at RTP Global.
“All3 brings the engineering depth and strategic focus to meaningfully drive this long-overdue market shift.
“Rodion and the team’s success in pairing cutting-edge robotics and physical AI with a working model is proven by their encouraging early demand. We can’t wait to see the first building break ground this year.”
