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Intel Capital leads $15M funding in Israeli AI construction tech Buildots

Intel Capital leads $15M funding in Israeli AI construction tech Buildots

07/11/24, 12:59 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/IL.svgtel aviv
Money raised
$15 million
Industry
software
Investors
Og Tech Partners, Intel Capital
Israeli AI construction software startup Buildots has raised a $15 million investment led by Intel Capital with participation from OG Tech Partners and previous investors. This funding will help Buildots continue developing technology enhancements for its core construction management platform and fuel its growth.

Company Info

Company
Buildots
Location
tel aviv, tel aviv district, israel
Additional Info
Buildots is an award-winning global technology leader leveraging the power of AI and computer vision to modernize the construction industry. Buildots uses hardhat-mounted cameras to capture imaging of every detail of an ongoing project. The data is then analyzed using AI models to transform random visual data into highly accurate, actionable insights that are correlated with the project's designs and schedule. The platform is helping transform construction management, enhance resource efficiency, save management time, and avoid costly errors on construction projects worldwide.

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