Alice Technologies Extends Funding Series B Round To Access $47M In Capital
04/11/23, 3:08 PM
Location
menlo parkIndustry
information technology
Round Type
series b
Investors
Rising Tide, Merus Capital, Future Ventures, Meta Planet, Jll Spark, Grids Capital, Gaingels, Bouygues, Vanedge Capital, Bridge Bank, Swire Properties
ALICE Technologies announced that it has extended its Series B funding round by an incremental $13 million with equity financing from Swire Properties, plus a term loan from Bridge Bank, bringing the total value of the Series B funding to $47 million to date. ALICE Technologies' construction optioneering platform helps general contractors and owners worldwide to leverage the power of artificial intelligence to plan, bid and build their large-scale industrial, infrastructure and commercial projects more efficiently and with reduced risk.
Company Info
Location
1040 noel drive
menlo park, california, united states
Additional Info
Introducing ALICE, the world's first artificial intelligence platform that understands construction.
ALICE enhances your construction planning and scheduling abilities to help keep crews flowing on any size project – so you can build faster and cheaper. Working directly with your 3D BIM and using a simple rule-based system, ALICE explores millions of different schedule sequences and gives teams the power to answer “What If?” scenarios and completely reschedule in just minutes.
ALICE is quickly disrupting the $7 trillion construction industry by changing the way construction projects are planned, scheduled, and managed – saving our clients millions of dollars on the most exciting construction projects on the planet.