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	<title>Construction Tech Archives - Archipreneur</title>
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	<description>Platform for Business, Innovation and Creative Strategies in Architecture</description>
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	<title>Construction Tech Archives - Archipreneur</title>
	<link>https://archipreneur.com/category/construction-tech/</link>
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		<title>Digital Village: Emerging Construction Industry Startups at BAU19</title>
		<link>https://archipreneur.com/emerging-construction-industry-start-ups-bau19/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=emerging-construction-industry-start-ups-bau19</link>
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		<dc:creator><![CDATA[Archipreneur]]></dc:creator>
		<pubDate>Wed, 16 Jan 2019 08:24:47 +0000</pubDate>
				<category><![CDATA[Construction Tech]]></category>
		<category><![CDATA[ArchTech]]></category>
		<category><![CDATA[BAU19]]></category>
		<category><![CDATA[construction industry]]></category>
		<category><![CDATA[ConTech]]></category>
		<category><![CDATA[Digital Village]]></category>
		<category><![CDATA[proptech]]></category>
		<guid isPermaLink="false">https://archipreneur.com/?p=6591</guid>

					<description><![CDATA[<p>BAU, the World´s Leading Trade Fair for Architecture, Materials and Systems covers the entire building industry and all its trades—that´s what makes it the most important sector gathering for all those involved in the world of planning and construction. And this year the fair has a new &#8220;digital village&#8221; for the first time, supporting start-ups [&#8230;]</p>
<p>The post <a href="https://archipreneur.com/emerging-construction-industry-start-ups-bau19/">Digital Village: Emerging Construction Industry Startups at BAU19</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>BAU, the World´s Leading Trade Fair for Architecture, Materials and  Systems covers the entire building industry and all its trades—that´s  what makes it the most important sector gathering for all those involved  in the world of planning and construction. And this year the fair has a new &#8220;digital village&#8221; for the first time, supporting start-ups from the industry.</p>



<p>The digital change in the construction industry: Selected <a href="https://archipreneur.com/tag/startups/">startups</a> and companies from the industry present their products and business  ideas as well as current trends and solutions on 140 square metres. The spectrum of digital ideas, services and products on show ranges from construction sites and construction site logistics to building planning,  building maintenance, renovation/modernisation and building material  recycling.</p>



<p>Digitalisation in the construction industry is progressing and this is accompanied by new impulses, new ideas and approaches with regard to  the planning, construction and renovation of buildings. In particular, the &#8220;Smart Home&#8221; theme has ensured that our exhibitors&#8217; products are  becoming more digital and that networking among them is increasing. From air-conditioning, heating and shading to access systems, everything is  interconnected and exchanges information.</p>



<p>But not only existing companies in the construction industry are adapting to digital change, new start-ups are emerging and developing  innovative ideas that are changing the industry. This results in  exciting new concepts.</p>



<p>In the Digital Village, BAU offers the opportunity to present these 
ideas and establish contacts with top decision-makers, potential 
supporters, investors and future customers.</p>



<h2 class="wp-block-heading">Construction Tech Start-ups @BAU</h2>



<p>These startups and companies will attend:</p>



<ul class="wp-block-list"><li>3F Studio</li><li>BIM SPOT</li><li>Building Radar</li><li>craftguide</li><li>CAPMO</li><li>DeinHandwerk.de</li><li>Digiholz</li><li>FoxBase</li><li>Levaru</li><li>Material24</li><li>Protonaut</li><li>openHandwerk</li><li>PlanRadar</li><li>PlanStack</li><li>popularc</li><li>RadonStop</li><li>Skillary</li><li>Stegimondo</li></ul>



<p>The startups will also have the opportunity to present their  business concepts at public pitches in the Digital Village&#8217;s Speakers Corner on two days of the fair. A competent, independent Digital Village jury will select the most convincing startup as the winner of the day.  The winner will receive prize money of 2.000 euros.</p>



<p>For more information visit the <a href="https://bau-muenchen.com/index-2.html" target="_blank" rel="noreferrer noopener" aria-label="BAU19 website (opens in a new tab)">BAU19 website</a></p>
<p>The post <a href="https://archipreneur.com/emerging-construction-industry-start-ups-bau19/">Digital Village: Emerging Construction Industry Startups at BAU19</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
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		<title>Construction Tech Company Procore Closes $75 Million Funding Round</title>
		<link>https://archipreneur.com/procore-closes-75-million-funding-round/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=procore-closes-75-million-funding-round</link>
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		<dc:creator><![CDATA[Archipreneur]]></dc:creator>
		<pubDate>Thu, 27 Dec 2018 10:50:13 +0000</pubDate>
				<category><![CDATA[Construction Tech]]></category>
		<category><![CDATA[Construction Technology]]></category>
		<category><![CDATA[ConTech]]></category>
		<category><![CDATA[Procore]]></category>
		<category><![CDATA[venture capital]]></category>
		<guid isPermaLink="false">https://archipreneur.com/?p=6367</guid>

					<description><![CDATA[<p>Procore Technologies, Inc., a leading provider of cloud-based applications for construction, today announced that it has closed $75 million of funding in a round led by Tiger Global Management. This round, which values the company at $3 billion, will be leveraged to support product development, partner platform expansion, and continued investment in hiring and developing [&#8230;]</p>
<p>The post <a href="https://archipreneur.com/procore-closes-75-million-funding-round/">Construction Tech Company Procore Closes $75 Million Funding Round</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Procore Technologies, Inc., a leading provider of cloud-based applications for construction, today announced that it has closed $75 million of funding in a round led by Tiger Global Management.</p>
<p>This round, which values the company at $3 billion, will be leveraged to support product development, partner platform expansion, and continued investment in hiring and developing top talent.</p>
<p><em>&#8220;At Procore we&#8217;re committed to delivering products and solutions that improve the lives of everyone in the construction industry, so we will continue to invest in the core areas of our business that have direct positive impact for our users,&#8221;</em> said Tooey Courtemanche, founder and CEO, Procore. &#8220;We believe business drives culture, and culture drives business. This investment round will allow us to advance product innovation, expand on the largest partner and developer ecosystem in <a href="https://archipreneur.com/tag/construction-tech/">construction technology</a>, and continue to hire and develop the best talent to support our mission and vision.&#8221;</p>
<p>Procore currently has over 1,300 full-time employees working across 12 offices around the globe, and will exit the year with more than 5,000 customers on projects in over 100 countries. The company was recently recognized as the&nbsp;fourth best place to work&nbsp;in the United States, according to Glassdoor&#8217;s 2019 Best Places to Work.</p>
<p><a href="https://www.procore.com/" target="_blank" rel="noopener">Procore</a> is a leading provider of cloud-based applications for construction. Procore connects people, applications, and devices through a unified platform to help construction professionals manage risk and build quality projects—safely, on time, and within budget. Procore has a diversified business model with products for Project Management, Construction Financials, Quality &amp; Safety, and Field Productivity. Headquartered in Carpinteria, California, with offices around the globe, Procore is used to manage billions of dollars in annual construction volume.</p>
<p>The post <a href="https://archipreneur.com/procore-closes-75-million-funding-round/">Construction Tech Company Procore Closes $75 Million Funding Round</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
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		<item>
		<title>The Future of Managing the Building Community</title>
		<link>https://archipreneur.com/bimmunity-future-building-community/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=bimmunity-future-building-community</link>
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		<dc:creator><![CDATA[Archipreneur]]></dc:creator>
		<pubDate>Mon, 10 Dec 2018 11:00:52 +0000</pubDate>
				<category><![CDATA[Construction Tech]]></category>
		<category><![CDATA[Sponsored]]></category>
		<category><![CDATA[BIM]]></category>
		<category><![CDATA[Building Community]]></category>
		<category><![CDATA[Building Information Modeling]]></category>
		<category><![CDATA[Built Environment]]></category>
		<category><![CDATA[cloud-based system]]></category>
		<category><![CDATA[geographic information systems]]></category>
		<category><![CDATA[internet of things]]></category>
		<guid isPermaLink="false">https://archipreneur.com/?p=6240</guid>

					<description><![CDATA[<p>Managing the built environment today is becoming more important than ever. With more and more stakeholders involved, lots of complex operations to control, and tons of data to handle, comes the risk of overwhelming disintegration and mismanagement. This is where BIMMUNITY (or the Building Community) comes in. BIMMUNITY is a cloud-based system that aims at [&#8230;]</p>
<p>The post <a href="https://archipreneur.com/bimmunity-future-building-community/">The Future of Managing the Building Community</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h5>Managing the built environment today is becoming more important than ever. With more and more stakeholders involved, lots of complex operations to control, and tons of data to handle, comes the risk of overwhelming disintegration and mismanagement. This is where BIMMUNITY (or the Building Community) comes in.</h5>
<p>BIMMUNITY is a cloud-based system that aims at empowering all parties concerned with the efficient management of the built environment. It utilizes state-of-the-art concepts of <a href="https://archipreneur.com/?s=bim">building information modeling</a> (BIM), geographic information systems (GIS), and database and server technology, to provide smart and real-time solutions, involving a variety of building types and stakeholders, within a fully integrated and customized platform.</p>
<p><a href="http://www.bimmunity.com" target="_blank" rel="noopener">BIMMUNITY</a> solutions range from managing not only spaces and buildings, but also communities and cities, using its flexible and scalable “city-to-room” services. Rather than a “one-size-fits-all” platform, its fully customizable features address the needs of a wide variety of building types, including residential, commercial, educational, and mixed-use buildings, as well as stakeholders, including property holders, facility managers, service providers, and building tenants.</p>
<p>All stakeholders can navigate seamlessly through BIMMUNITY’s dynamic and user-friendly visual interface using its interconnected portals. Property holders can manage their properties worldwide and track income, expenses, and performances on their PCs or smart devices. Facility managers can issue tickets and work orders to service providers and monitor all building systems and operations. Service providers can monitor their stocks and inventory and conduct their assigned work orders. Building tenants can visually navigate through their units and perform a variety of requests including services, bookings, and maintenance and operation requests.</p>
<p><img fetchpriority="high" decoding="async" class="alignnone size-large wp-image-6242" src="https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen-1820x910.jpg" alt="" width="1820" height="910" srcset="https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen-1820x910.jpg 1820w, https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen-704x352.jpg 704w, https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen-768x384.jpg 768w, https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen-600x300.jpg 600w, https://archipreneur.com/wp-content/uploads/2018/12/bimmunity_screen.jpg 2000w" sizes="(max-width: 1820px) 100vw, 1820px" /></p>
<p>The system infrastructure comprises several cloud servers and databases, including MySQL database, Google Maps for general map navigation, BIM server for managing data translation from 3D BIM models, and GIS server for creating and managing GIS data, web services and applications related to worldwide maps. All server outputs are communicated through an API gateway to serve any type of devices including desktop and mobile applications.</p>
<p>One of the key added values of the system is the BIM/GIS integration, where GIS augments the value of BIM design data through the analysis and management of infrastructure and project elements. Using the analytical power of both BIM and GIS, building users, managers and owners can better understand the issues and impacts of their decisions. Other strengths include the support of data retrieval, tracking of component development and maintenance history, dataset availability for maximum on-demand use and recall, therefore supporting integration with other collaboration platforms.</p>
<p>The integration of <a href="http://www.bimmunity.com" target="_blank" rel="noopener">BIMMUNITY</a> and existing Internet of Things (IoT) systems including smart systems, home automation and sensor network technology offers yet a further competitive edge, where real-time data and feedback from existing operations are detected, monitored and processed to provide comprehensive and accurate data representation. BIMMUNITY introduces a solution that is much more than an efficient management tool. It extends to deliver smart solutions that involve enhanced scenarios of operation, automated workflows, performance monitoring and tracking, optimized management of building facilities and spaces, and informed real time decision-making.</p>
<p>The post <a href="https://archipreneur.com/bimmunity-future-building-community/">The Future of Managing the Building Community</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
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		<title>Intsite Raises $1.35 Million for Developing AI-Powered Cranes</title>
		<link>https://archipreneur.com/intsite-startup-ai-powered-cranes/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=intsite-startup-ai-powered-cranes</link>
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		<dc:creator><![CDATA[Lidija Grozdanic]]></dc:creator>
		<pubDate>Mon, 08 Oct 2018 08:00:46 +0000</pubDate>
				<category><![CDATA[Construction Tech]]></category>
		<category><![CDATA[AI]]></category>
		<category><![CDATA[ai-powered cranes]]></category>
		<category><![CDATA[artificial intelligence]]></category>
		<category><![CDATA[autonomous crane technology]]></category>
		<category><![CDATA[Intsite]]></category>
		<guid isPermaLink="false">https://archipreneur.com/?p=5736</guid>

					<description><![CDATA[<p>On average, 98% of mega construction projects go over budget, according to McKinsey, and in a high-stakes global industry like construction, opportunities to improve efficiency can result in huge savings. Automation is gaining momentum in the industry as a way of optimizing both the design and the construction sectors. An increasing number of AEC companies, [&#8230;]</p>
<p>The post <a href="https://archipreneur.com/intsite-startup-ai-powered-cranes/">Intsite Raises $1.35 Million for Developing AI-Powered Cranes</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
]]></description>
										<content:encoded><![CDATA[<h5>On average, 98% of mega construction projects go over budget, according to McKinsey, and in a high-stakes global industry like construction, opportunities to improve efficiency can result in huge savings.</h5>
<p>Automation is gaining momentum in the industry as a way of optimizing both the design and the construction sectors. An increasing number of <a href="https://archipreneur.com/thoughts-on-disrupting-the-aec-industry/">AEC companies</a>, like Intsite, are starting to embrace automation and machine learning in order to streamline services and organization.</p>
<p>According to VentureBeat, the industrial robotics industry is expected to be worth $71.7 billion by 2023, which largely explains the recent spike in attention among entrepreneurs and venture capitalists. One of the most notable breakthroughs in the area happened recently, when Tel Aviv-based company <a href="http://www.intsite-ai.com/" target="_blank" rel="noopener">Intsite</a>, announced a $1.35 million pre-seed round, led by Terra Venture Partners and the Israel Innovation Authority, to fund “the world’s autonomous crane technology”.</p>
<h2>Intsite Construction-Tech Startup</h2>
<p>Intsite aims to increase construction site productivity and safety by developing a platform that taps computer vision to analyze camera feeds in real time, ensuring tower crane operators are made aware of workers and obstacles within range. Their technology, which is based on a combination of aerospace tech and state-of-the-art algorithms, can improve a crane’s precision by up to 30 percent.</p>
<p>The crane, as the control tower of the construction site, oversees the construction progress. Getting insights from the crane will allow the construction team to follow and influence the construction process, resulting in better, safer and smarter projects. With its Internet of Things (IoT) device, machine learning, computer vision, and natural language processing technologies, Insite’s solution can increase cranes’ productivity and reduce costs.</p>
<p>The technology has already been tested on a construction site owned by Shikun &amp; Binui Solel Boneh, one of Israel’s largest construction companies, and the firm is planning to pilot the system in the UK and France early next year. Currently, the Intsite team is working out of the incubator TerraLab, created by Terra Venture Partners.</p>
<p>With a market cap of some $716 million, Shikun &amp; Binui set up an innovation program in 2015 called BuildUp, which focuses on identifying and implementing innovation in its production processes — from designs to workflows and products and communications with customers — in the areas of energy and water, infrastructure and construction.</p>
<p>The post <a href="https://archipreneur.com/intsite-startup-ai-powered-cranes/">Intsite Raises $1.35 Million for Developing AI-Powered Cranes</a> appeared first on <a href="https://archipreneur.com">Archipreneur</a>.</p>
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