Construction automation startup TerraFirma raises $115M
TerraFirma Inc., a startup with a platform that enables construction teams to remotely operate heavy machinery, has raised $115 million in funding.
The bulk of the capital arrived in the form of a $100 million Series A round led by Kleiner Perkins. TerraFirma disclosed today that Bain Capital, Definition and more than a half-dozen other institutional investors chipped in as well. The company’s investor roster also includes employees at several major tech firms including SpaceX Corp.
TerraFirma was launched in 2024 by former SpaceX engineers Noah Schochet and Noah McGuinness. Its platform enables construction teams to remotely pilot excavators, tractor loaders and other vehicles using joysticks. TerraFirma says that removing the need for users to sit in a construction vehicle’s cab boosts safety while significantly improving productivity.
Customers don’t have to manually coordinate every construction task. According to TerraFirma, its software provides the ability to create “autonomous workflows” that automate repetitive chores. The platform also promises to ease several related tasks.
