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?
Data-driven BIM startup Invicara recently announced that it has sold a $10 million minority stake in its business to the Dublin, Ireland-based building company Kingspan. “While BIM has proven its value in helping improve project team communication and coordination, it hasn’t yet lived up to its promise for owners that need data or manufacturers that could collaborate with clients,” the company says.
Concrete’s seventh investment is a contech startup called BuildSafe, which is a cloud-based software system for digitally logging and monitoring accidents, incidents, site safety observations, near misses, and other project risks that are occurring on a construction site in real time.
The online B2B marketplace Khareed’s mission is to “professionalize” the way the procurement business is done in Pakistan, as well as improve pricing transparency and give enterprise customers – including those looking for construction materials and equipment – a more “trustworthy” procurement experience.
From deep learning and 3D printing to Trump’s infrastructure bill, AEC Labs takes a stab at predicting the 5 big trends that could transform the construction industry in 2018.
We’ve selected this group of five startups that we covered at AEC Labs in 2017 for a variety of reasons, including the technology they’ve implemented and the role we think the problems they’re addressing will play across the AEC industry in 2018 and beyond