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Construction Technology Startup Kewazo Raises $5 Million Series A Funding From True Ventures To Scale Robotic Fleet In The $50 Billion Scaffolding Industry

PRIVATESep 15, 2021

Amount Raised

$5 Million

Round Type

Series A

MunichSoftwareData And AnalyticsReal EstateScience And EngineeringArtificial Intelligence

Description

KEWAZO, a leader in construction robotics, today announced it has closed a $5 million series A funding round, bringing the total amount raised to $9 million. The round was led by True Ventures. Existing investor MIG AG, a Munich-based venture capital firm and one of the founding investors in BioNTech, also participated in the round. KEWAZO is digitizing construction with robotics and data analytics

Quick answer

Kewazo raised $5 Million in a Series A round, dated September 15, 2021. Kewazo is based in Munich, Bavaria, Germany.

How much did Kewazo raise?
Kewazo raised $5 Million in a Series A round on September 15, 2021.
What does Kewazo do?
Munich-based robotics company KEWAZO is digitizing construction with robotics and data analytics.
Where is Kewazo based and how big is it?
Kewazo is based in Munich, Bavaria, Germany.
Who are the decision-makers at Kewazo?
Fundz holds 2 contacts at Kewazo, including the Co-Founder/Hardware Development, Mechatronics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Real Estate around the same time

Companies in the same sectors as Kewazo that raised within 45 days of this round, from Fundz verified event records.

  • BrainBox AI raised an undisclosed amount (Series A) on October 28, 2021.
  • Rapid Silicon raised an undisclosed amount (Seed) on October 26, 2021.
  • 360 Learning raised $200M (Funding Round) on October 21, 2021.
  • Deci raised $21M (Funding Round) on October 20, 2021.
  • Clarifai raised $60M (Series C) on October 15, 2021.
  • Spice AI, Inc. raised $1M (Pre-Seed) on October 14, 2021.

Who to call at Kewazo, and when

A new round usually means Kewazo is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Kewazo

Location

Munich, Bavaria, Germany

About

Munich-based robotics company KEWAZO is digitizing construction with robotics and data analytics. The company integrates robotics platform LIFTBOT on-site to enable further digital services. In scaffolding, LIFTBOT saves up to 44 percent of labor costs, addresses labor shortage, and improves safety. Alongside the robotic system, KEWAZO provides its customers with a data analytics solution, enhancing higher levels of transparency and better project management. The company works closely with large scaffolding companies and industrial service providers. For more information please go to www.kewazo.com

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Fundz sees it the moment Kewazo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsLeonidas P., Co-Founder/Hardware Development, Mechat… hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Kewazo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.