MESH Secures $3.8 Million Seed Funding to Automate Global Rebar Construction
MESH, a spin-off from ETH Zurich, has closed a $3.8 million seed funding round led by ABB Robotics Ventures and Sika. This funding will aid MESH's transition to a global technology provider, enhancing automation in the rebar construction industry through its software and robotics platform. The company aims to expand internationally and establish partnerships to facilitate technology adoption among construction firms, addressing labor shortages and improving safety and efficiency in construction processes.
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MESH has secured $3.8 million in seed funding from ABB Robotics Ventures, Sika, and other investors to enhance automation in the rebar construction industry. The funding will help MESH expand its operations globally and develop partnerships for easier technology adoption.
The company has created a flexible software and robotics platform that allows construction companies to automate rebar handling and placement. MESH's systems are already in use in Switzerland, having processed over 1 million rebar elements for major infrastructure projects. The investment aims to address labor shortages and improve safety and quality in construction.
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