SafeAI Raises $21M in Series A Funding
- SafeAI, a Milpitas, Calif.-based autonomous heavy equipment company, raised $21m in Series A funding
- The round was led by Builders VC with participation from new investors LTC, DG Ventures, MACA and Vimson Group, and existing investors
- The company intends to use the funds to advance its interoperable autonomous technology through accelerated research and development, and accelerate global expansion
- Led by Bibhrajit Halder, founder and CEO, The company is a global autonomous heavy equipment company focused on advancing modern industry
- The company retrofits heavy equipment for autonomous applications in mining and construction to serve a massive ecosystem of industry players with complex needs
- The company currently operates with Obayashi Corp in Cupertino, CA
