What does Monumental do?

It makes robots for construction

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He sold his last company to Palantir. Now he’s betting $32 million that robots can fix construction’s labor crisis

First publishedJul 15, 12:00 UTC

Last updatedJul 15, 14:39 UTC · 2m ago

1 outlets over time — hover a bar for its window & outletslast updated

He sold his last company to Palantir. Now he’s betting $32 million that robots can fix construction’s labor crisis

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Answer

Salar al Khafaji's construction robotics company, Monumental, raised $32 million to fund its US launch and European expansion.

Reported by 1 outlet — Fortune. See all sources ↓

Salar al Khafaji sold his company Silk to Palantir in 2016. He then started a new company called Monumental. Monumental makes robots for construction and just got $32 million to grow.

Why it matters

This news is important because it shows how technology can help solve labor problems in the construction industry.

In brief

Who sold his company to Palantir?: Salar al Khafaji
How much money did Monumental raise?: $32 million
What does Monumental do?: It makes robots for construction

Different angles across outlets

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How outlets are framing the same story

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The outlets report on Salar al Khafaji's new company, Monumental, and its funding round. They all focus on the same main event, but Fortune provides more background information on Khafaji's previous company and his decision to start Monumental.

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Scouting report
Salar al Khafaji's background and decision to start Monumental
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FortuneJul 15, 12:00provides background on Khafaji's previous company
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Monumental's funding round and plans for growth
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FortuneJul 15, 12:00reports on the funding round and Monumental's plans

Related in the knowledge graph

organizationAl Khafaji organizationFortune. His Amsterdam-based organizationKhafaji organizationMost organizationPalantir organizationPalantir. Now organizationSalar organizationSilk

Sources (1)

Avg source rating 6.0/10

Fortune6

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