Tag: Buildots
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NCC Pilots Buildots’ AI in Two Helsinki Building Projects
Buildots, the construction technology startup using AI to provide objective, data-backed insights to contractors and project managers, announced that NCC Finland uses their technology to build two projects. The first is an 8,000 sq m residential project in the Helsinki metropolitan area, and the second is a 9,000 sq m commercial project, Fredriksberg D, in Helsinki.…
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Buildots Provides a Single Source of Truth for the Park East Project in London
Buildots, an innovator in AI construction technology, has been selected by Wates Residential for Orbit’s Park East residential project in Erith, London. Wates Residential is part of the Wates Group, one of the UK’s largest privately-owned construction, development, and property services companies. The company has recognized Buildots’ ability to help them deliver exceptional homes on budget and schedule.…
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Buildots Announces $30 million Series B and Reaches 12 Countries with Their AI Tech
Buildots, the AI construction tech company, today announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, and Tidhar Construction Group. Buildots will use the new funds to double the size of their global team with a focus on its Sales and…
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Build Group to Use Buildots’ AI Technology for Three Construction Projects
Build Group Inc. will use Buildots’ technology on three projects in the US, including a 19-story M2 tower which is part of the wider 5M development in San Francisco. Buildots’ AI computer vision will collect, analyze, and leverage data to ensure these projects are delivered on time and under budget “The complex nature of managing thousands of details and dozens of…
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Buildots Releases AI-Powered Mobile Control Room for Construction Sites
Buildots, an AI construction tech start-up, announced the release of the first mobile “control room” to give project managers access to critical information on the go. Profit margins in construction are some of the lowest for any industry, averaging just 2.8%, according to a CE Performance Report. These tight margins leave companies with little room…
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AI-Powered Construction – An Interview with Aviv Leibovici of Buildots
In the 100th episode of the AEC Business podcast, Aarni Heiskanen interviews Aviv Leibovici, the CPO and co-founder of Buildots. Buildots is an innovative construction tech start-up established in Israel in August 2018. The company was created with the aim of creating the equivalent of a mission control room for construction sites. Bringing together AI…
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Buildots Raises $16 million as It Brings AI Computer Vision to Construction Management
Buildots announced today that it had secured $16 million in funding to leverage the power of AI to track, analyze and provide actionable data for construction project teams. The company uses hardhat-mounted 360° cameras to seamlessly determine the exact status of an ongoing project and provides invaluable insight to contractors. The $3 million seed and…