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.
How Can Construction Tech Help Solve These 8 Major Design Firm Inefficiencies?
This is a response piece to a list of 8 design firm inefficiencies recently discussed at Building Design + Construction magazine. In it, we analyze each, and suggest how construction tech could provide a solution. Our biggest takeaway? The AEC industry is changing rapidly on numerous fronts, and firms need to adapt and evolve or otherwise risk becoming obsolete.
Academic’s Mathematical Computer Model Aims to “Revolutionize” Construction Productivity
An academic at the UK’s Northumbria University in Newcastle’s Department of Architecture and the Built Environment, has built a mathematical model for allocating labor that her research confirms can help contractors and construction companies save their projects time and money. The model, part of a software program, uses the skills and personalities of individual laborers proposed for, or working on, a construction project site, coupled with existing site conditions and the overall progress of the work, to optimize labor crew configurations.
Envelope, the “Sim City” SaaS for Real Estate Development in NYC, Raises $2M
New York City-based, SaaS proptech startup Envelope has just announced $2M in new funding. Conceived in the hallways of SHoP Architects in 2008, and spun off as its own entity in 2015, the company’s product is an interactive map that allows users to create a 3D model of a Manhattan development parcel’s largest possible building, analyzing the specific zoning and other regulations that apply to each parcel in order to provide users with floor-by-floor statistics for a potential development project, including a building’s maximum square footage, height, and allowable massing.
AECOM Research Report, “Without Limits,” Highlights Need for Innovation, Tech in Future of Infrastructure
AEC industry giant AECOM’s first-ever research report, “Without Limits: The Future of Infrastructure” has some interesting insights and data about current attitudes toward technology, innovation, and project delivery models, culled from survey questions and interviews with over 500 AEC industry professionals and executives.
After $865M SoftBank Series D Round, Can Construction Tech Startup Katerra Disrupt Project Delivery Mechanisms?
Katerra is using proprietary software and hardware technology and applying principles that its founders honed manufacturing electronics. It treats real estate development and construction like a standardized manufacturing process rather than an endless string of one-off projects. But can it deliver on its disruptive promise to change the way construction projects are delivered?
