OpenSpace Is Changing Construction Documentation Forever | 25 Billion Sq. Ft. Captured in 3D | Jeevan Kalanithi CEO, Openspace
Imagine having every inch of your job site documented in 3D and available on your fingertip.
In today's episode, we sit down and talk to Jeevan Kalanithi - a Stanford and MIT graduate and CEO of OpenSpace.
Join us as Jeevan shares his fascinating journey from studying at Stanford and MIT to launching hardware startups to founding OpenSpace.
He explains how his user-friendly reality-capture technology is transforming a document-centric industry by giving architects and builders unprecedented visibility into their job sites through updated 3D visuals.
Tune in and learn how:
OpenSpace catalogued over 25 billion square feet of visual job site data
Visual record allows problems to be resolved virtually instead of reworking the physical world, reducing rework and labour costs
Project stakeholders can instantly align on issues by virtually stepping into current job site conditions instead of puzzling over descriptions
As construction data becomes immersive and visual, new AI-powered insights and capabilities become possible
And a lot more …
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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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Timestamps:
(00:00:00-00:07:10) Intro
(00:07:10-00:12:00) REality Capture In Construction
(00:12:00-00:25:40) About OpenSpace
(00:25:40-00:29:10) Cost Reduction Due To Reality Capture
(00:29:10-00:44:50) How To Grow A Business From 0
(00:44:50-00:45:57) Outro
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Bricks & Bytes
From Oppression to £13 BN Opportunity. From Idea to Investment. | Inside QFlow with Brittany Harris
In today’s episode, we have Brittany Harris, Co-Founder at QFlow.
Have you ever wondered how to secure funding in an old, tradition-bound industry like construction?
In this episode, Brittany Harris, Co-Founder at Qualis Flow shares her inspiring story. We hear about the challenges she conquered, the lessons she learned, and how she built QFlow attracting millions in investment.
She talks about new ways technology can decarbonize, streamline processes, increase transparency, and help us *leave the world a better place*.
This talk is more than data-driven sustainable construction; it's about breaking barriers in an old industry, creating new paradigm shifts and believing in the 'impossible'.
Tune in and learn:
How Qflow helps contractors eliminate hundreds of admin hours tracking materials and compliance documentation
How they grew over 200% year-on-year between seed and series A funding
The methods she used to raise $9.1 million in 3 months (when investors told them it would take 9 months)
The staggering £13 billion opportunity to reuse and resell construction materials that currently go straight to landfill from site
Interested in sustainable construction? Looking to raise funds for your startup? Follow Brittany Harris here on LinkedIn.
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This episode is brought to you by Shft—the BIM partner you need to fill the gap in your digital skills and tackle your BIM needs, end-to-end.
Visit: https://maketheshft.digital
Timestamps:
(00:00:00-00:02:57) Intro
(00:02:57-00:08:25) About Qualis FLow
(00:08:25-00:20:55) Fund raising experience
(00:20:55-00:33:52) Advice for founders looking to raise money
(00:33:52-00:39:25) Issue of Construction Waste Management
(00:39:25-00:42:28) Experience as a woman leading startup in construction
(00:42:28-00:43:02) Outro
read more
Bricks & Bytes
$2.5 Billion Construction Director Predicts The Future of Tech in Construction - Mohamed Adel, Bird
In this episode, we have the privilege of sitting down with digital construction visionary Mohamed Adel, the man behind Bird Construction's bold digital transformation.
Hear him share his extraordinary stories on Dubai's towering sites - where lofty inspired designs clashed with ground realities of complex projects.
We ask Mohamed if it's possible to transform old processes into digital workflows. He tells us how he envisions the future blurred between the virtual and the physical (construction).
Tune in to hear Mohamed's story and explore a possible future where buildings rise faster, mistakes vanish, and the very language of construction is written in binary codes.
He also addresses some fundamental questions:
Can a single, open-source model become the ultimate collaboration tool, replacing siloed 2D drawings and endless email chains?
Can AI build seamless bridges between different software, ending the era of clunky integrations?
Does a future exist where the construction site is as intuitive as a video game, guided by the wisdom of real-time data?
The proven 5-7 year roadmap for rolling out new technologies without disruption projects
All this and more...
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Mohammed Adel | Digital Construction Director at Bird Construction
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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
Timestamps:
(00:00:00-00:02:19) Intro
(00:02:19-00:10:20) About Digital Construction & BIM
(00:10:20-00:19:17) How to get started with digital program
(00:19:17-00:36:35) Key Factors for succes with digitalization
(00:36:35-00:39:18) How to use technology for sustainability
(00:39:18-00:42:34) How to switch careers into digital construction
(00:42:34-00:43:09) Outro
read more
Bricks & Bytes
The Story Behind Joist: Building AI Tools for Construction Proposals
From bootstrapped startup to 7-figure revenue: How Joist is revolutionizing proposal automation in construction
In today's episode of Bricks and Bytes, we had Rohan Jawali, founder of Joist, who shared insights on building a profitable construction tech startup without external funding.
Tune in to find out about:
✅ How Joist is solving the universal problem of document management in construction
✅ The power of AI in streamlining proposal creation for mid-market AEC firms
✅ Why Joist chose profitability over rapid growth through venture capital
✅ The importance of staying close to customers and evolving product architecture
Listen to the full episode on Spotify to learn how Joist is transforming the way AEC firms handle proposals and content management, and gain valuable insights for founders and construction industry professionals alike.
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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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
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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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