SoftBank completes USD 200m Series A investment in Gravis Robotics AG

Gravis Robotics AG, a deep-tech robotics company spun out of ETH Zurich, has closed a USD 200 million Series A financing round with SoftBank as investor.

Gravis Robotics develops autonomous control systems for heavy construction machinery, enabling excavators and other equipment to operate across a full spectrum from AI-augmented manual control to full autonomy. Backed by SoftBank, Gravis plans to scale its autonomous systems globally, bringing physical AI to a trillion-dollar industry constrained by labor shortages.

Niederer Kraft Frey advised SoftBank on all Swiss law aspects of the transaction, working alongside Cleary Gottlieb Steen & Hamilton LLP as lead counsel to SoftBank, with a team led by Michael J. Preston (Partner, London, Co-Leader of Cleary Gottlieb’s EMEA Private Equity Transactions Group).

The NKF team was led by Transactions partners Philippe Weber and Thomas Brönnimann, working with associates Manuel Hirlinger and Pascal Hodel (both Transactions), counsel Marc Vogelsang, senior associate Vanessa Witschi, junior associate Jessica Jöhri (all Tax), partner Nicolas Birkhäuser, associate Lukas Poschung, junior associates Xaver Dill and Fabrizio Sorgesa Frener (all Antitrust/Competition & Intellectual Property), associate Luisa Egli (Employment) and junior associate Sandja Kozina (Corporate/M&A).