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Promise Robotics logo — Helping the building industry to harness automation towards...

Promise Robotics

Helping the building industry to harness automation towards a more affordable and sustainable built environment.

Founded 2021 Canada Toronto, Canada 32 employees Series A Total: $20.80M AI, Automation +3

General Information

Company Name Promise Robotics
Founded Year 2021
Location Canada Toronto, Canada
Employees 32
Industries AI, Automation, Robotics +2
Funding Stage Series A
Social

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About Promise Robotics

Promise Robotics, founded in 2021 and headquartered in Canada, is capitalizing on the burgeoning intersection of AI, Automation, and Robotics in the Construction industry. With a slogan of "Helping the building industry to harness automation towards a more affordable and sustainable built environment," the company is focused on revolutionizing construction by making it more sustainable and efficient through advanced manufacturing techniques.

The recent influx of $20.80M from a Series A investment received on 31 October 2023 demonstrates strong investor confidence in their vision. Notable investors include Alate Partners, HIGHLINE vc, Horizons Ventures, PSP Investments, Radical Ventures, and the United Brotherhood of Carpenters.

Promise Robotics stands out by addressing key challenges in construction through #sustainability and #advancedmanufacturing, positioning itself as a leader in transforming how the built environment is created.

Business keywords: robotics, building industry, advanced manufacturing

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $20.80M 6
Alate Partners HIGHLINE vc Horizons Ventures
Alate Partners, HIGHLINE vc +4
31 Oct 2023
Grant Undisclosed 2
Sustainable Development Technology Canada Next Generation Manufacturing Canada
Sustainable Development Technology Canada, Next Generation Manufacturing Canada
14 Dec 2021
Seed Round Undisclosed 2
PSP Investments Radical Ventures
PSP Investments, Radical Ventures
01 Mar 2021

Promise Robotics Alternatives & Competitors

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Promise Robotics vs
ADAXIS
ADAXIS France

Building the future of flexible manufacturing.

Pre-Seed
21 employees
Automation, Robotics
Promise Robotics vs
Weijian Technology
Weijian Technology

Redefining the construction industry with intelligent robotics, advanced IoT, and sophisticated AI a...

Series A
AI, IoT
Compare Promise Robotics vs Weijian Technology
Promise Robotics vs
Lucid Bots
Lucid Bots United States

Boosting productivity, profit and safety with innovative AI and robotics products and solutions

Series A
78 employees
Automation, Drones
Also compare with: Promise Robotics vs AVIC Robots AVIC Robots View all alternatives

FAQ About Promise Robotics

Helping the building industry to harness automation towards a more affordable and sustainable built environment.
Promise Robotics was founded in 2021.
Promise Robotics is headquartered in Toronto, Canada.
Promise Robotics operates in AI, Automation, Robotics, SaaS and Construction. Its work centres on robotics, building industry and advanced manufacturing.
Promise Robotics has approximately 32 employees.
Promise Robotics has completed 3 funding rounds, raising a total of $20.80M. The latest funding stage is Series A.
Top alternatives and competitors to Promise Robotics include ADAXIS, Weijian Technology, Lucid Bots, Modbot, Skyline Robotics. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Promise Robotics and ADAXIS are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Promise Robotics, https://bouncewatch.com/company/promise-robotics, updated 24 July 2026. When citing, please name BounceWatch and link this page.

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