“Speed Doesn’t Really Matter”: Monumental’s $32M Series B Explained

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Prototypes and demoware.

That was Monumental two years ago, at their $25m Series A.

Yesterday they announced a $32m Series B led by Khosla Ventures. In between, their robots laid the entire brickwork on 100 houses, plus canal walls and commercial buildings, as a subcontractor carrying full liability for the work.

The day after the announcement, co-founder Salar al Khafaji sat down with us.

In his words:

“The Series A was basically still like an R&D round… we had some prototypes, we had some like demoware basically.”

“The Series B was raised off actual success.”

And the line that will start arguments:

“Everyone is obsessed with speed. Speed doesn’t really matter.”

A bricklaying robot company telling you speed doesn’t matter. His reasoning is worth the listen on its own.

Also in this one:

> Why SAM and Hadrian X were too early, and what changed

> Day zero to day one of a robot crew arriving on site

> The economics vs a traditional bricklaying gang

> UK going commercial, US pilots starting this year

> Why the entire facade is next. Not in a decade, within a couple of years.

🚨 Industry exclusive. Link in comments.

#bricksandbytes #constructiontech #aec #ai #vc

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