Greek Big Pi Ventures leads $30m round in construction robotics firm expanding to Athens

·

Greek venture capital firm Big Pi Ventures has led a US$30 million Series B funding round into Australian robotics company August Robotics, backing its expansion into autonomous systems for large-scale construction and infrastructure projects.

The investment was led through Big Pi’s growth fund, which targets international technology companies with a Greek nexus. In this case, the connection includes August Robotics’ planned Athens hub and founder Alex Wyatt’s Greek family heritage from Kastellorizo.

Big Pi Partner Panos Metsis said the company is addressing a critical infrastructure bottleneck.

“August Robotics is a globally category-leading business addressing a key bottleneck in digital infrastructure build out via applying technological innovation to the physical world. Its platform approach has a potentially profound impact in accelerating AI throughput globally,” Metsis said.

The round also included existing investors Blackbird, Skip Capital, Tanarra and Future Family Office, alongside new US-based construction-focused investor GS Futures.

August Robotics, founded in 2017 by Alex Wyatt, develops autonomous robot fleets that perform tasks such as floor marking and precision drilling across large construction sites. Its systems operate across seven global hubs spanning the US, Asia, Australia and Europe.

Its flagship robot, Lionel, has marked more than 300 million square feet across exhibition and indoor construction sites worldwide. The company has also developed autonomous drilling robots targeting hyperscale data centre construction, in partnership with Stanley Black & Decker’s DEWALT brand.

Wyatt said the technology is already reshaping major infrastructure builds.

“In recent months, our drilling robots have fundamentally changed what is possible in data center construction, compressing construction schedules and helping our customers to bring critical infrastructure online faster than ever before,” he said.

He added the new funding would support next-generation robotics development. “We will accelerate the development of the next generation of robots that automate dirty, dangerous, and dull tasks across the economy.”

A portion of the Series B will also fund the establishment of an Athens hub, which will serve as August Robotics’ second European base after Düsseldorf. The centre will focus on customer support, deployment, maintenance and field engineering across the EMEA region.

Wyatt said Greece’s talent pool and geographic position made it a natural choice.

“Greece stands out in its region in terms of engineering talent and a supportive ecosystem geared towards technological innovation and business success,” he said. “Athens was therefore a natural choice, also as a result of its strategic geographic location at the crossroads of Europe and the Middle East.”

The company will also open a Data and AI R&D centre in Melbourne, while scaling production and expanding its robotics portfolio across construction and infrastructure sectors.

Blackbird partner Rick Baker said the company’s success reflects long-term conviction in its platform approach, noting the years of development required to build its robotics system.

With new capital and an expanding global footprint, August Robotics is positioning Athens as a key European base, further strengthening the Greek link at the centre of its latest growth phase.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Zoe Petropoulos welcomes breakthrough in quest for neurofibromatosis treatment

Years of fundraising by Zoe Petropoulos and her family have helped support research behind a promising breakthrough.

Cassandra Kalpaxis: The hidden reality of domestic violence in Australian workplaces

She is educated. Capable. Often high-achieving. She sits across the boardroom table, meets her deadlines, mentors junior staff.

Pan Korinthian Association of Melbourne hosts community trivia night

More than 50 people gathered on Friday, May 15 for the Pan Korinthian Association of Melbourne and Victoria’s (PKA) trivia night.

Fruit and deli owner Steven Nicolaou calls trust tax changes a ‘kick in the guts’

Steven Nicolaou says new federal budget measures targeting trust structures will leave small businesses “working for nothing."

Greek Ambassador visits Diocese of Brisbane during official Queensland visit

The Ambassador of Greece to Australia, Stavros Venizelos, has been received at the offices of the Greek Orthodox Diocese of Brisbane.

You May Also Like

Exterior of shrine at Saint Nicholas Greek Orthodox Church to be ready by September 11

The exterior of the National Shrine at the Saint Nicholas Greek Orthodox Church will be completed by September 11.

Consul General of Greece in Sydney meets new CEO of NSW Jewish Board of Deputies

Consul General of Greece in Sydney, Mr Christos Karras, met recently with the new CEO of the NSW Jewish Board of Deputies, Mr Darren Bark.

Nicholas Bandounas: Meet the architect designing the new Australian War Memorial entrance

Architect Nicholas Bandounas says designing part of the Australian War Memorial is the proudest moment of his career.