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Hey there, tech lovers! Today we’re diving into how AI is reshaping the construction scene and making managers’ lives way easier.
Buildots, founded in 2018, is changing the game by using smart cameras and AI to track construction progress. Their platform captures images from 360-degree cameras mounted on helmets, providing real-time updates and forecasts on project status. No more relying on scattered reports—this system offers solid data in one place.
With help from a chatbot, teams can ask about delays or progress issues and receive predictions that flag potential problems before they become costly. This means smarter decisions for site managers and stakeholders, resulting in faster, more efficient construction processes.
Recently, Buildots raised a hefty $45 million in a Series D round led by Qumra Capital, pushing their total funding to $166 million. The funds will mainly boost their expansion, especially in North America, and enhance their AI models to improve project performance further.
They’re not alone—other companies like BeamUp and Versatile are also leveraging AI to analyze construction data, but Buildots is among the larger players with over 230 staff and big plans to innovate even more.
The future looks bright with AI guiding construction projects, making every step smarter and more predictable. Stay tuned for more tech-powered breakthroughs in this field!
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