Automated Architecture Secures $3.3 Million in Seed Funding
Automated Architecture (AUAR), a UK-based company in sustainable construction, announced a successful £2.6 million ($3.3 million) seed funding round led by Miles Ahead. This significant capital injection will fuel AUAR's mission to revolutionize the building industry through its unique distributed robotic micro-factory network.
Founded in 2019, AUAR has been integrating advanced technology with sustainable building practices. The company's approach leverages a network of robotic micro-factories to produce environmentally friendly construction materials and components. This innovative method not only streamlines the manufacturing process but also significantly reduces the carbon footprint associated with traditional construction methods.
The seed funding round attracted a diverse group of investors. Alongside Miles Ahead, major financial players like Morgan Stanley and venture capital firms like Rival and Bacchus Venture Capital participated in the round. Notably, the inclusion of ABB, a software robotics company, as an investor underscores the technological credibility and innovative promise of AUAR's platform.