BotBuilt wants to lower the cost of homebuilding with robots

The U.S. is experiencing a housing shortage, with record-low volumes of homes for sale and a rise in median household income for home buyers.

BotBuilt, a tech startup, aims to revolutionize homebuilding by using robotics to automate the framing process, potentially reducing costs and accelerating the pace of construction.

Despite competition in the robotics homebuilding space, BotBuilt has raised $12.4 million in seed funding and plans to scale its operations while offering significant cost savings to builders.