SafeAI Receives $38 Million in Series B Funding

SafeAI is a developer of heavy automation equipment that combines artificial intelligence technology with safety and production to provide users with retrofit autonomous solutions for heavy equipment in the construction and mining industries. Recently, SafeAI announced the completion of a $38 million Series B round of financing. New investors in the round include Builders VC, McKinley Management, George Kaiser Family Foundation, Energy Innovation Capital, and Moog Inc., with participation from existing investors Autotech Ventures, Brick & Mortar Ventures, Embark Ventures, Newlab, and Vimson Group this financing.

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