Ever wonder how a startup goes from $8M to a big exit in construction tech? In this episode of Bricks, Bucks and Bytes, we learned about HoloBuilder's journey from raising $8M to being acquired by Faro. We also found out that despite big investments, the reality capture market still has room to grow. Companies like Cupix and Faro are leading, but there's space for new ideas in robotics and AI. Plus, we got insights on how some VCs are betting on AI startups, hoping to find the next big winner. Tune in to discover: ✅ Why job site pizza beats expensive marketing in construction tech ✅ The potential of scan-to-BIM technology ✅ How some AI startups raise millions with just a pitch deck ✅ Why product adoption matters more than fancy tech in construction Listen to the full episode on Spotify to learn more about construction tech and startup funding strategies. ---------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe --------------------------- LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ---------------------------- Company Mentioned: Faro Frankfurt Airport Siemens Autodesk Contilio Disperse OpenSpace Cupix Doxel HoloBuilder Matterport Hansel Phelps Buildots ----------------------- Timestamps 00:00 Introduction and Overview 01:09 The Journey of HoloBuilder: From Manufacturing to Construction 08:41 The Go-to-Market Strategy of HoloBuilder 14:20 The Decision to Exit HoloBuilder 23:15 The Three Components of Reality Capture in Construction Tech 28:03 Competition in the Reality Capture Space 35:18 Success Factors in Reality Capture Solutions 39:56 The Evolving Reality Capture Market and Market Leaders 41:33 Funding Challenges and Valuation Drops in Construction Tech 45:26 The Importance of Adoption and User Engagement in Construction Tech 57:34 Niche Markets and Disrupting Workflows in Construction Tech 01:09:43 Building Strong Customer Relationships in the Construction Tech Industry