Author: AEC Labs

SaaS Contech Startup, Reconstruct, Integrating AI, BIM to Boost Productivity and Predict Problem Projects

Reconstruct calls itself an integrator of the “ABCs” of construction tech (artificial intelligence, BIM, and computer vision); its product is a software tool that simultaneously applies reality capturing, BIM, and project scheduling. It assembles images and data from drones, handheld cameras, and laser scanners to create 3D models of a project during construction. Simultaneously, the model integrates the project schedule from Oracle’s Primavera, Microsoft Project, and BIM models.

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With AEC Industry Spending on Upswing, Fintech is Investing in Construction Lending Startups

Did you know that 85 percent of payments made by builders to subcontractors are paper-based? As the economy continues to improve, construction spending is ramping up and financial institutions are taking note, implementing new technologies designed to speed up and streamline the construction loan process – a notoriously difficult, mostly manual and paper-based process with lots of room for improvement.

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Another Australian Prefab Construction Tech Startup Raises Funding for Sydney Factory

Integration is a hot buzz word in construction right now so it shouldn’t be surprising that a lot is happening in today’s construction tech startup world around prefab and modular technology. Recently, another Australian startup has secured seven-figure funding for a modular construction solution. Based in Perth, Pro9 Global has raised $8M to build a manufacturing facility in Sydney for its prefab wall, window, and facade systems.

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