Earthmoving machinery AI platform AIM has raised $50 million for AI aimed at the mining and heavy construction industries. AIM’s investors include Khosla Ventures, General Catalyst, Human Capital, Ironspring Ventures, Mantis, and DCVC, among others.

AIM’s plug-and-play technology is designed to retrofit heavy equipment, like bulldozers and excavators, in the field today regardless of make, model, size, or age.

Built by engineers with experience at Waymo, SpaceX, Google, Stripe, Tesla and Apple, AIM’s AI platform enables a range of applications from mining to infrastructure.

“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,” said Pat Pohlman who has 40 years of mining experience and is a former Director of Continuous Improvement at Peabody Energy. “Mining companies can now enhance safety and efficiency in hazardous environments, achieving greater profitability with automation while maintaining a risk-averse strategy.”

“Everything is either mined or grown, and efficient earthmoving is required for both,” said Adam Sadilek, founding CEO of AIM. “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.”

“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,” said Sven Strohband of Khosla Ventures. “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.”