Robotics firm Monumental raises $32m in funding

Amsterdam-based robotics firm Monumental announced on July 15, 2026, that it has raised $32 million in a Series B funding round led by Khosla Ventures. The company focuses on automating construction through robotics and software.

Founded in 2021 by Salar al Khafaji and Sebastiaan Visser, former co-founders of Silk (acquired by Palantir in 2016), Monumental aims to address inefficiencies in the construction sector. The company plans to use the new capital to expand its team of hardware and software engineers and to increase the number of robots deployed across Europe.

Momentals expansion plans include entering the U.S. market with 100 robots, intending to help alleviate a shortage of 200,000 to 400,000 construction workers faced monthly. This move comes as the U.S. construction industry has experienced a significant decline in productivity since the 1960s.

"Construction costs have exploded while the industry itself has barely changed in decades. That combination has produced the housing crisis: we know how to build, we’ve just made it too expensive and too slow," said Vinod Khosla, founder of Khosla Ventures. The investment highlights continued investor interest in deeptech and robotics.

The fresh funding is expected to accelerate Monumental's product development and market penetration, as it seeks to modernize the traditionally labor-intensive construction industry.