How To Build A Robotics Company - Monumental Super Series Episode 003
Note : This is Episode 3 of the Monumental Super Series we released last week.
If you want to watch the full series, and gain insider access to our super series featuring top construction tech experts - subscribe now to join the community for just $30/month: https://www.patreon.com/c/bricks_bytes/membership
In episode 003, gain invaluable insights into building a cutting-edge robotics company from the ground up, perfect for tech entrepreneurs, construction industry professionals, and innovation enthusiasts.
Watch this episode to discover:
How the founders transitioned from pure software backgrounds to tackling complex robotics challenges in construction.
Monumental’s unique approach to rapid iteration, modular design, and balancing software and hardware development.
The intricacies of achieving high-precision bricklaying with robots, including the complexities of mortar application and brick positioning.
Insights into assembling and managing a multidisciplinary team of software, hardware, and robotics experts.
How Monumental positions itself as a subcontractor rather than a robotics company, and learn about their customer acquisition approach.
How Monumental plans to stay ahead in the rapidly evolving field of construction technology.
The founders’ candid reflections on their journey, including what they would do differently if starting over
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Bricks & Bytes
Microsoft's Vision For Construction Tech - Ajoy Bhattacharya
"Microsoft's secret weapon in construction tech? It's not what you think."
In today's episode of Bricks and Bytes, we had Ajoy Bhattacharya from Microsoft, and we got to learn about the tech giant's unexpected approach to innovation in construction, the power of digital identity on job sites, and why AI isn't just about generating content.
Tune in to find out about:
✅ Why Microsoft hired a construction industry veteran
✅ The surprising focus of Microsoft's construction tech strategy
✅ How a simple login solution boosted efficiency on job sites
✅ Microsoft's vision for AI in the AEC industry
Listen now on Spotify to discover how Microsoft is quietly revolutionizing construction technology, one login at a time.
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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.
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Chapters:
00:00 Intro
04:12 Introduction to Ajoy Bhattacharya and Microsoft
07:21 Innovation in Construction: A Personal Journey
10:15 Defining Innovation in the Construction Industry
13:12 Transitioning from Suffolk to Microsoft
16:25 Leveraging Microsoft's Ecosystem for Construction
19:22 The Role of AI in Construction
22:20 Microsoft's Strategy in the AEC Industry
25:02 Case Studies: Efficiency through Technology
28:26 The Importance of User Adoption
31:18 Future Trends: AI and Voice Enablement
34:13 Microsoft Copilot: Enhancing Productivity
37:05 The Role of Startups in Construction Tech
40:11 Key Messages from Recent Talks
43:19 Closing Thoughts and Future Outlook
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Bricks & Bytes
BBBC 01/06 - Innovations, Challenges, and Investor Perspectives On Sustainable Building Materials
Are you curious about the latest innovations in sustainable building materials and the challenges of bringing them to market? 🤔
In this episode of Bricks and Bytes Broadcast, we had Gregory Dewerpe, founding partner at AO PropTech, and we got to learn about the complexities of retrofitting for energy efficiency, the role of venture capital in construction tech, and how startups are digitizing the installation process... and many more!
Tune in to find out about:
✅ Innovations in sustainable building materials like timber and insulation
✅ Challenges with adoption and commercialization timelines for new materials
✅ How software is enabling more efficient and traceable retrofitting
✅ The impact of regulations and certifications on construction innovation
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Chapters
00:00 Introduction and Setting the Stage
02:00 Exploring Sustainable Building Materials and New Startups
07:28 Challenges of Insulation and Retrofitting Work
08:27 Regulations and Impact on Construction Industry
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Bricks & Bytes
Build a Real Business - Why 1% of a Huge Market Isn't Enough
Note: This is a repost from an episode released last month on Bricks, Bucks & Bytes.
"Building a f***ing business isn't about chasing 1% of a huge market."
In this episode, Patric Hellermann share insights on construction tech startups and investment strategies. We explored the evolving landscape of ERP solutions, 3D visualization software, and the pitfalls of lazy market assessments.
Tune in to find out about:
✅ Why targeting a small niche can lead to greater success
✅ The challenges facing new entrants in the 3D rendering space
✅ How to build a business by focusing on specific customers and channels
✅ The importance of achieving profitability in your core business
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This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.
Visit: https://maketheshft.digital
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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.
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Timestamps
00:00 Introduction and Icebreaker
06:32 Navigating the Crowded Market: Opus Flow's Differentiation
10:40 The Challenges of a Red Ocean Market and Margin Compression
13:00 The Importance of Partnerships and Distribution for Opus Flow
21:37 Becoming a Category Leader: Challenges and Opportunities for Opus Flow
24:03 Introduction to the Rendering Industry
26:28 Challenges Faced by Startups
31:20 The Importance of Differentiation and Capturing Entire Workflows
36:12 The Significance of Focusing on Specific Niches
44:46 Building a Profitable Core Business
48:30 The Misconception of Targeting a Small Percentage of a Large Market
Human Touch in Construction Sales, False Tech Solutions, and Large Company Lawsuits - Bricks, Bucks & Bytes
"Try to keep all your human touch points and automate them on the backend."
In today's episode of Bricks, Bucks and Bytes, we dive into the world of B2B marketplaces in construction. We explore why human touch points are crucial for success, especially in an industry built on trust and relationships.
We also discuss the recent lawsuit between Oracle and Procore, where Oracle accuses a former employee of stealing trade secrets related to payment management software.
Plus, we explored HomeBoost, a startup offering simplified energy assessments for homes using AI. But is it too good to be true?
Tune in to find out about:
✅ The pros and cons of AI-powered home energy assessments
✅ The potential impact of the Oracle vs. Procore lawsuit on the construction tech industry
✅ Why B2B marketplaces in construction need to maintain human interactions
✅ The increasing trend of investors suing portfolio companies in recent years
Ready to dive deeper? Listen to the full episode on Spotify and join the conversation!
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X/Twitter: https://twitter.com/bricksbytespod
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Bricks, Buck$ And Bytes
5 Things Founders Control During Fundraising That Most Don't Know About - Bricks, Bucks and Bytes
"VC is rocket fuel. Do not spend it on a Fiat 500. Only put very expensive rocket fuel if you're actually building a rocket."
In today's episode of Bricks, Bucks and Bytes, we got to learn about Speckle's recent Series A raise, showcasing the renewed liquidity in early-stage funding for 2024.
We also discovered that the construction tech sector saw impressive growth in seed stage funding sizes during Q3 2023, signaling a positive shift in the market.
Plus, we gained invaluable insights from Patrick Hellermann on what really makes VCs tick when it comes to investing in startups.
Tune in to find out about:
✅ The magic "100x potential" that VCs are looking for
✅ Why information asymmetry is your secret weapon between fundraising rounds
✅ How to leverage social validation to your advantage
✅ The power of building a rockstar team to secure funding
Listen to the full episode on Spotify and arm yourself with the knowledge to make your next pitch irresistible!
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/
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Bricks, Buck$ And Bytes
Speckle's $12.5M Funding - How Open Source Software Is Changing Construction Design
Speckle's $12.5M Series A: A Game-Changer for AEC Data Infrastructure
In today's episode of Bricks, Bucks and Bytes, we got to learn about Speckle's impressive $12.5 million Series A funding round, led by Addition, to build the first data hub for the AEC industry.
We also learned about Rexel's rejection of an unsolicited $8.5 billion takeover bid from QXO, signaling potential shifts in the building materials distribution landscape.
Additionally, we gained insights into Patrick Hellermann's framework for evaluating potential investors, emphasizing the importance of avoiding detrimental influences over perceived value-add.
Tune in to find out about:
✅ Speckle's open-source approach to AEC data infrastructure
✅ The potential impact of QXO's ambitious plans on the building materials distribution sector
✅ Key considerations for startups when evaluating corporate investors
✅ The importance of prioritizing non-interference and quality input from investors
Listen to the full episode on Spotify to dive deeper into these fascinating topics in construction tech and venture capital.
read more
Bricks, Buck$ And Bytes
Construction Tech Funding Hits $35 Billion: What's Next?
From AI-powered construction sales to billion-dollar air taxi gambles: Inside the high-stakes world of tech funding!
In today's episode of Bricks, Bucks and Bytes, we got to learn about Building Radar's impressive €6.5 million funding round from Socii Capital, powering their AI-driven sales automation software for the construction industry.
We also dove into Fundamentals' Q3 update on AEC Tech funding, revealing that total cumulative VC funding for construction tech has hit a whopping $35 billion - triple the 2019 level!
Plus, we had a heated discussion about Lilium, the German air taxi startup seeking a controversial bailout after burning through millions.
Tune in to find out about:
✅ How Building Radar is revolutionizing sales in construction
✅ The surprising increase in construction tech's share of overall VC funding
✅ Why some VCs are calling for government bailouts (and why it's raising eyebrows)
✅ The ethics of venture capital in high-risk, high-reward industries
Ready for a deep dive into the world of construction tech and VC drama? Hit play on Spotify and join the conversation!
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Company Mentioned:
Building Radar
Lilium
SpaceX
Tesla
WeWork
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