AIM Intelligent Machines has secured $50 million in funding from investors including Khosla Ventures, General Catalyst and Human Capital. The company offers automated solutions for mining and earthmoving operations, providing plug-and-play products for heavy equipment fleets.
The company retrofits heavy equipment with autonomous technology to improve safety and productivity on project sites. AIM enables zero-entry, AI-powered sites, where no person is on or near earthmoving equipment. This helps ground staff manage a higher throughput site, rather than risk hazardous materials exposure while sitting in vehicles.
AIM’s solutions have various applications, including protecting against natural disasters like floods or wildfires, restoring damaged ecosystems and mining essential materials. The company plans to expand its technology beyond Earth to building planetary-scale terraforming infrastructure within the next decade.