Category: Software

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.

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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.

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Digital Twins: Building Supplier Invests $10M in Invicara’s Data-Driven BIM Software

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.

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FalconBrick, an Indian SaaS Construction Startup, Streamlines Projects with Mobile Product HandOff

By 2030, India will boast the world’s third largest construction and real estate industry, employing over 75M people and generating $1T in economic activity. So it’s no surprise that startups like FalconBrick are taking aim at the sector with mobile-based solutions designed to improve project efficiency and decrease costs and delays.

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