Technology · 14 July 2026

SpaceX alumni raise $115 million for remote construction tech

A construction startup founded by two former SpaceX engineers has secured $115 million in new funding from investors including Kleiner Perkins and Bain Capital Ventures. TerraFirma employs Xbox controllers for the remote operation of construction machinery, with the goal of reducing industry costs and enhancing safety. The company plans to hire 300 people, build a Texas factory, and eventually wants to build on Mars.

By BriefTea Editorial · 14 July 2026 at 18:51

Reported by CNBC · How we write briefs

Get the app

More briefs

WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers GeneralNigel Farage's £5m donor has major stakes in arms industry PoliticsTreasury officials advise John Healey to tax banks and oil companies more HealthCorrecting hearing loss can cut dementia risk by almost half GeneralNotting Hill Carnival parade begins as Europe's biggest street party Browse all stories →