TerraFirma, a construction tech company founded by two former SpaceX engineers to build remote-controlled construction equipment, raised $115M
CNBCSamantha Subin
Context & Ripple Effects
TerraFirma’s financing arrives in a coverage arc that includes Built Robotics’ earlier funding rounds for autonomous construction equipment and Bedrock’s much larger raise to automate excavators. The repeated capital raises show that equipment automation has become a sustained venture category rather than a single-company experiment.
TerraFirma is differentiated in the supplied coverage by its focus on remote-controlled equipment, while Bedrock and Built Robotics are described in more autonomous terms. That distinction matters because remote operation can be a separate path to bringing software control into heavy-equipment workflows.
First-order effects
TerraFirma gains $115M to fund development of its remote-controlled construction-equipment offering, strengthening its ability to pursue the market alongside better-funded automation peers.
Built Robotics and Bedrock now face another well-capitalized entrant competing for construction operators’ attention, technical talent, and deployment opportunities.
Second-order effects
The funding adds pressure across construction-automation vendors to show how their control approach—remote operation or greater autonomy—fits real equipment workflows and earns customer adoption.
Capital flowing to TerraFirma, Bedrock, and Built Robotics is likely to make the category more visible to equipment makers and construction customers evaluating software-enabled machine operation.
Third-order effects
If these financings continue to translate into deployments, construction equipment could increasingly be differentiated by its control software and operating model, not only by the underlying machine.
The coexistence of remote-control and autonomous approaches suggests the sector may evolve through multiple levels of automation rather than a single immediate shift to fully autonomous heavy equipment.
The trend: Construction technology is attracting larger bets on progressively automating heavy equipment, with remote operation serving as one route alongside full autonomy.
Today, we're announcing that we've raised $115 million in funding, including a $100M Series A led by @kleinerperkins. America has lost the ability to build, and we're here to restore it. My co-founder, @NoahMcGuinn, and I left our jobs at @SpaceX , where we worked on programs [vi…
FULL INTERVIEW: Terrafirma's @noah_schochet He's building a robotics-powered construction company that will help the build civil infrastructure on Mars, enabling humanity to settle there. Noah joined TBPN today to discuss the company's $115M raise, why construction is still [vide…
Congratulations to @noah_schochet and @NoahMcGuinn and the entire team at @TerraFirma_Inc on the $100M Series A round! My partner @RonMiasnik and I have had the pleasure of working with the Noahs since the seed stage and it's amazing to see their vision come to life. Lots of
The @TerraFirma_Inc team heard “builder mindset” and took it literally. TerraFirma is bringing robotics and a modern engineering mindset to one of the world's oldest industries: construction. They aren't replacing operators, they're giving them better tools to build faster, more …
It's time to build (quite literally). Proud to be a minor investor in Noah and @TerraFirma_Inc and excited for them to come out of stealth! Looking forward to leveraging TerraFirma on Anduril's many construction projects.
This mission will not be easy, but we will build a brighter future or die trying. We are scaling a kick-ass team that does what others think is impossible. Join us if you have what it takes to move mountains. Pioneers wanted Builders wanted Explorers wanted Apply here: [image]
11 men died building the Golden Gate Bridge. Their sacrifice and those of men like them gave us the modern world. We now have the opportunity to reimagine the physical environment without the human toll. Terrafirma offers the west a way back to general productivity for the
🚨 New Investment 🚨 Excited to announce @kleinerperkins is leading TerraFirma's Series A. In 1931, we built the Empire State Building in 13 months. Today, a comparable skyscraper takes 6-7 years. Construction is one of the only major industries where productivity has actually
industrialising space (if you can mine asteroids and use the materials in space, you can eg make a satellite with as much radiative cooling as you want, but that's a lot of if's) [embedded post]