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SafeAI Raises $38 Million Series B

2022-12-14
SANTA CLARA, CA, SafeAI, a global leader in autonomous solutions for heavy equipment, announced a $38 million Series B round of funding.
SafeAI, a global leader in autonomous solutions for heavy equipment, announced a $38 million Series B round of funding with key investors including Builders VC, McKinley Management, George Kaiser Family Foundation, and Energy Innovation Capital. Additionally, Moog Inc. joined the round as a strategic investor.

Existing investors Autotech Ventures, Brick & Mortar Ventures, Embark Ventures, Newlab, and Vimson Group also invested in the new round of funding

SafeAI retrofits construction and mining vehicles with aftermarket hardware and proprietary autonomy software that delivers significant gains in increased worksite productivity, safety and cost savings.
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