Pace Robotics

Pace Robotics

Innovative robotics solutions addressing labor shortages and productivity issues in the construction industry. Learn more

Launch date
Employees
Bengaluru Karnataka (HQ)

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DateInvestorsAmountRound
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N/A

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INR1.5m

Grant
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N/A

Seed
Total FundingCAD27.8k

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Pace Robotics is a startup that operates in the construction industry, leveraging robotics and artificial intelligence to revolutionize the way buildings are constructed. The company's primary offering is a modular multi-tasking robot that can perform tasks such as plastering, puttying, and painting building interiors. This robot is capable of working at speeds ten times faster than human labor, at three times lower costs, while maintaining consistent quality.

The company's business model is centered around selling these robots to construction companies, thereby helping them increase productivity, reduce costs, and overcome the challenges of skilled labor shortage. The robots also digitize execution data in real time, which can be used for better project management and decision making.

The team behind Pace Robotics is a diverse group of experts in construction, mechanical engineering, robotics, and artificial intelligence. They are driven by a mission to make construction more efficient and sustainable through the use of robotics.

In addition to the direct revenue from selling robots, Pace Robotics also stands to benefit from the data it collects. This data can be used to further improve the robots' performance, or potentially sold to other companies for analysis and insights.

In summary, Pace Robotics is a promising startup that is poised to disrupt the construction industry with its innovative use of robotics and AI.

Keywords: Robotics, Construction, Artificial Intelligence, Efficiency, Productivity, Cost Reduction, Data Digitization, Autonomous Navigation, Skilled Labor Shortage, Sustainability.