REDMOND, Wash. — AIM, the world's first embodied AI platform for earthmoving machinery, announced it has raised $50 million to transform the global construction and mining industries. AIM's investors include Khosla Ventures, General Catalyst, Human Capital, Ironspring Ventures, Mantis, DCVC, and Elad Gil, among other great allies.
"Everything is either mined or grown, and efficient earthmoving is required for both. Since the introduction of hydraulic machines like excavators in the 1800s, mining and construction have seen little of the automation that's transformed other industries. These are still among the most dangerous jobs in the world, and outcomes aren't getting better fast enough. AIM is changing that."
— Adam Sadilek, founding CEO of AIM
"Autonomous machines are an obvious unlock for dangerous industries like mining and construction. We backed AIM because of their strong team, technical approach, and early traction with customers. AI-powered heavy equipment will improve safety and productivity, and open the door to bigger breakthroughs in creating abundance of critical materials and resources throughout the world."
— Sven Strohband, Khosla Ventures
"Beyond technology, AIM has demonstrated to our unique network of heavy equipment operators located around the world that autonomous operations provide tangible productivity gains with unparalleled safety. The builtworld ecosystem has a 'show me' ethos, and we are excited to support AIM because of the results they have delivered in the field."
— Ty Findley, co-founder & General Partner of Ironspring Ventures
By retrofitting existing heavy equipment with cutting-edge autonomy, AIM enables its customers to achieve maximum safety and productivity. Sites running AIM AI realize massive improvements of their top and bottom lines.
"AIM's autonomous technology boosts equipment efficiency and maximizes utilization by operating continuously, increasing production rates and eliminating variability caused by manual operations. Leveraging AI, it achieves top operator expertise, raising productivity and reducing performance fluctuations. Mining companies can now enhance safety and efficiency in hazardous environments, achieving greater profitability with automation while maintaining a risk-averse strategy."
— Pat Pohlman, 40 years of mining experience and former Director of Continuous Improvement at Peabody Energy
"With material and labor costs climbing, we're always looking for ways to improve how we operate. Our best operators can extend the life of expensive machine components by 50% just through skill and technique. That's the kind of performance we want across our entire team."
"Wayne Brothers is exploring automation not to replace our operators, but to help every operator perform like our most experienced pros. We want to maximize what we can accomplish with the machines we have, extend their working life, and make sure we're getting the most out of every day we can actually get work done. It's about elevating everyone's game and driving productivity when it matters most."
— Jim Rhodes, SVP at Wayne Brothers
"OCP & InnovX teams have been working with AIM since 2024 to bring autonomy and automation to their next-generation mine sites. Initial piloting has been successful and the teams are now expanding project scope."
— Abhiram Kannan, principal at Bidra, OCP's corporate venture fund
"At MTI, we place the safety and wellbeing of our people above all else. Our work with AIM has helped protect employees who work in complex environments on a daily basis, and we continue to see significant benefits both in terms of site productivity and safety. Autonomous technologies are at the forefront of advancing mining operations, and we are proud to partner with AIM on the next wave of cutting-edge innovation."
— Douglas T. Dietrich, Chairman and CEO of MTI