Nextera Robotics

Nextera Robotics

Private
Boston, MassachusettsReal Estate & PropTechhttps://nexterarobotics.com

Last Round

Seed

Dec 1, 2020

Total Funding Raised

$225,000

Momentum Score

25 /100

Company Overview

Nextera Robotics is an AI-native robotics and industrial automation company founded at MIT and backed by Y-Combinator. The company develops and deploys fleets of purpose-built industrial robots for the construction and industrial sectors. By leveraging deep learning and artificial intelligence, Nextera aims to automate repetitive and physically demanding tasks, enhancing efficiency and safety. One of its key products is DIDGE (“Digital Bridge”), a platform that uses autonomous robots for 24/7 visual monitoring, progress tracking, and safety inspection on construction sites. The company serves clients ranging from Fortune 500 companies to major brands like Gilbane Building Co., Tesla, and Dunkin Donuts. It is headquartered in Boston, MA.

Sector

Real Estate & PropTech

Verticals

Construction Tech, Industrial Robotics, Computer Vision, Vertical SaaS

Business Model

B2B

Customer Profile

Hardware + Subscription, Services & Consulting

AI Layer

Application

Keywords

construction roboticsautonomous mobile robotsRobotics-as-a-ServiceRaaSsite monitoringrobot dogconstruction intelligenceprogress trackingcontechBIM integrationreality capturedigital twinconstruction safetyBIMindustrial automationrobotics OS

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Nextera Robotics Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Nextera Robotics Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedDec 1, 2020

Key People

Founding team and executive leadership

Alex S. Rand

Chief Technology Officer

Executive Team

Nextera Robotics Investors

Notable investors and investment history

Nextera Robotics Filings

SEC and related filings with document metadata.

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Nextera Robotics Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range21
Year Founded2020
Last FundingDec 1, 2020

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