TerraFirma raises roughly $115 million to scale AI-operated construction machinery

Austin-based TerraFirma raised approximately $115 million in total financing, including a $100 million Series A led by Kleiner Perkins. The company combines AI-enabled pre-construction software, remote fleet operations and semi-autonomous heavy equipment. Proceeds are intended for engineering, manufacturing, operations and construction hiring, giving the round a tangible industrial-capex angle rather than a purely software valuation story.