Big Pi Ventures Leads $30 Million Series B Into Construction Robotics Firm

May 22, 2026

 

Greek venture capital firm Big Pi Ventures led a US $30 million Series B round into Australian robotics company August Robotics, backing autonomous robot fleets that drill and mark floors across hyperscale construction sites worldwide.

Big Pi Ventures, a multi-stage technology investor with a Greek nexus, stepped forward as lead investor in August Robotics’ latest financing round. The syndicate draws in existing backers Blackbird, Skip Capital, Tanarra, and Future Family Office, alongside new US construction-specialist investor GS Futures.

Panos Metsis, Partner at Big Pi Ventures, framed the investment around infrastructure urgency: “August Robotics is a globally category-leading business addressing a key bottleneck in digital infrastructure build out via applying technological innovation to the physical world. Its platform approach has a potentially profound impact in accelerating AI throughput globally.”

Big Pi’s growth fund concentrates on international companies with an existing or new Greek nexus — a criterion August Robotics satisfies both through its forthcoming Athens hub and through founder Alex Wyatt‘s own Greek family heritage from Kastellorizo. The firm operates two primary vehicles: a €48 million early-stage fund and the newly launched €130 million Big Pi Growth I, which represents Southeast Europe’s first tech growth equity fund.

The impact of the drilling robots

Founded in 2017 by Wyatt, August Robotics has spent nearly a decade building a modular robotics platform that ingests project plans, localises robots on site, executes tasks autonomously, coordinates multiple robots as a fleet, and detects and rectifies errors in real time — all on in-house R&D. The company now operates across seven hubs in the US, Asia, Australia, and Europe.

August Robotics runs two product lines. Its first robot, Lionel, deploys autonomous floor-marking fleets for exhibitions and large indoor spaces; Lionel has marked more than 300 million square feet across clients on five continents.

The company’s newer offering — autonomous downward-drilling robots for large prefabricated construction sites — targets AI data center construction and launched in strategic partnership with Stanley Black & Decker’s DEWALT brand. These drilling robots have already run across hyperscale construction environments in the US and Europe.

Wyatt described the impact of the drilling robots in concrete terms: “In recent months, our drilling robots have fundamentally changed what is possible in data center construction, compressing construction schedules and helping our customers to bring critical infrastructure online faster than ever before.”

With the Series B, he added, the company will “accelerate the development of the next generation of robots that automate dirty, dangerous, and dull tasks across the economy.”

Athens hub anchors European expansion

A portion of the new funding, channelled with Big Pi’s active involvement, will develop an Athens hub — August Robotics’ second continental European base after Düsseldorf.

The hub will handle customer service, robot maintenance, deployment, and field engineering across the EMEA region, drawing on Greece’s technical talent pool.

Greece stands out in its region in terms of engineering talent and a supportive ecosystem geared towards technological innovation and business success,” Wyatt said. “Athens was therefore a natural choice, also as a result of its strategic geographic location at the crossroads of Europe and the Middle East, two key growth regions for our robotics business.”

Beyond Athens, the Series B will fund production scale-up for existing robots, strengthen the company’s AI capabilities, and support the development of new robotic products for customers in construction, exhibition, and infrastructure. A new Data and AI R&D centre will open in Melbourne, extending August Robotics’ footprint to seven hubs across four regions.

Rick Baker, Partner and Co-Founder at Blackbird, pointed to the long arc behind the platform: “Alex set out to build a platform every future robot could be built from, something most robotics companies never attempt. It took years of patient, mostly invisible work, including holding his team together through the COVID years when exhibitions shut down globally. We backed him through all of it, because the conviction was never in question.”

Metsis supported that view, noting that Big Pi’s growth fund works to “actively support exceptional, thought-leading and proven founders like Alex realize their vision.”

With capital deployed across seven hubs and drilling robots already running on hyperscale sites, August Robotics enters its next phase with both the funding and the geographic infrastructure to push further into data center construction and adjacent workflows, and with a Greek-led investor now anchoring its European chapter.