Construction Technology Podcasts

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Listen to industry experts discuss the latest trends, innovations, and insights in construction technology

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Latest podcasts

Bricks & Bytes

Building Mercator: From 90 Investor Pitches in 3 Weeks to Changing How Contractors Find Projects

"Pre-construction is actually just free construction because it's a lot of work up front that you don't often get paid for." - Chloe Smith, CEO of Mercator In today's episode of Bricks and Bytes, we sat down with Chloe Smith, who shared her journey of building Mercator, a construction tech startup that's changing how contractors find early-stage project opportunities. Tune in to discover: ✅ Why Mercator focuses only on Texas (for now) and how they plan to expand ✅ The power of hiring for talent over skill in a fast-growing startup ✅ How they built their own "accelerator" by carefully selecting operator-investors ✅ Their unique approach to product development through an intensive beta program with general contractors Listen to the full episode on Spotify to learn how Mercator is helping contractors get involved in projects before the bidding phase even begins - as Chloe puts it, "It's almost like using a marriage registry as a dating app." ------ 00:00 Intro 02:43 Introduction to Chloe Smith and Mercator 05:45 The Journey into Construction and Data Strategy 08:40 Understanding Mercator's Functionality 11:46 Data Sources and Technology Behind Mercator 14:50 The Role of Large Language Models 17:34 Target Customers and Market Focus 20:41 Project Detail Pages and User Experience 23:45 Data Visibility and Insights 26:29 Utilizing Construction Data for Industry Reports 29:50 Expansion from Canada to the US 32:48 Revenue Model and Future Growth 36:46 Understanding Product-Market Fit 38:57 The Fundraising Journey 45:07 Building a Strong Investor Network 51:44 Evolving Go-To-Market Strategies 1:02:43 Hiring for Talent vs. Skill 1:04:43 Defensibility in the Age of AI 1:05:20 Choosing the Right Mentors
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Bricks & Bytes

What We Learned After a Year of Talking to Construction Tech's Biggest Names - November Monthly Review

"Follow the money to grow, follow your passion to build. While US construction tech startups have raised $30B, India's $1B investment is yielding better returns." In today's episode of Bricks & Bytes, we did our November Monthly Review where we reflected on an action-packed month of content creation and exciting future plans. We even explored fascinating market dynamics, founder insights, and geographic opportunities in construction tech. Tune in to find out about: ✅ Our successful launch of the AI in Construction Report and first steps into monetization ✅ Highlights from our Boston trip interviewing startups at Suffolk's boost cohort ✅ Behind the scenes of the upcoming Ediphi super series releasing in January ✅ Plans for New York and San Francisco tour in 2025, plus a potential India expansion Listen to the full episode on Spotify to hear Owen, Martin, and Patric discuss their key takeaways from November, upcoming content plans, and Patric’s take on why founders often over-obsess with product and under-obsess with distribution. ----------- Chapters 00:00 End of Year Reflections 03:01 Cultural Differences in Business Mindset 05:50 The Impact of Travel on Business 08:47 Exploring AI in Construction 12:11 The Role of Community in Innovation 14:55 Challenges in Design and Construction Software 17:52 The Disconnect Between Traditional and Startup Worlds 21:00 The Influence of Trust in Business Relationships 24:07 Venture Capitalists in Government 26:59 The Future of Governance and Innovation 32:48 Understanding Argentina's Political Landscape 35:09 The Importance of Product Distribution 40:40 Marketing Challenges in Construction Tech 43:47 Trends in AEC Technology 44:29 Talent Acquisition in the AEC Sector 46:03 Investment Trends in Construction Tech 50:34 Cultural Insights: Christmas Traditions 57:33 Closing Thoughts and Future Plans
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Bricks & Bytes

BBBC 20/04/2024 - Secret Sauce of SaaS Pricing Trends, Alrik’s Software & ONX’s off-site Innovations

It's great to watch how Alrik and ONX Homes are innovating within the logistics (Alrik) and prefabricated home building (ONX Homes). In this episode, we sat with Patric and had an in-depth discussion about Alrik, a pioneering construction tech company known for its sophisticated software solutions that monitor and supervise fleet activities. We also discussed about ONX Homes, a trailblazer in the South Florida housing market, utilizing precast concrete wall slabs to revolutionize single-family home construction. Wrapping up, Patric told us about various pricing models for software as a service (SaaS) in the construction sector, examining how companies can effectively monetize their offerings while providing value to their clients. Key Takeaways: Alrik offers software for supervising and monitoring fleet activity in the construction sector, aiming to improve productivity and sustainability. The intersection of logistics and construction tech is crucial for optimizing construction through efficient supply chains. Having a background in construction or logistics can provide valuable insights and connections when building a construction tech startup. ONX Homes is a single-family home building company in South Florida that uses precast concrete elements to build homes. Pricing models for software as a service in the construction industry often involve annual or monthly subscriptions, token models, or hybrid models based on features, usage, or seats. Timestamps: 00:00 Alrik: Optimizing Fleet Activity in Construction 05:43 The Intersection of Logistics and Construction Tech 09:33 ONX Homes: Innovating with Precast Concrete 13:11 The Importance of Background in Construction Tech Startups Companies Mentioned: Alrik ONX Homes
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Bricks & Bytes

BBBC 06/04/24 - Okibo's $7.85M Funding, Construction Labor Shortages and Robotics Revolution

Okibo, a groundbreaking robotics company, has recently secured $7.85 million in equity funding. Their innovative product—a drywall finishing and painting robot—guided by AI and sensors, offers a transformative solution to address the persistent labor shortage and enhance efficiency in construction projects. In this episode, we explore how robotics are reshaping the construction landscape and how Okibo's service-oriented approach to selling painting services, rather than the robots themselves, is revolutionizing industry norms. We delve into the significance of partnerships and subcontractor models in scaling robotics ventures within construction, highlighting how these collaborations are essential for widespread adoption and implementation. Key Takeaways: Okibo secures $7.85 million in equity funding for their AI-guided drywall finishing and painting robot. Robotics offer a solution to the labor shortage crisis in construction while enhancing project efficiency. Partnerships and subcontractor models play a pivotal role in scaling robotics ventures within the construction industry. The funding landscape for robotics in construction is growing steadily, signaling significant potential for innovation. The future of robotics in construction lies in specialized product and software companies focusing on controlled environments and highly repeatable motions. Companies Mentioned: Okibo : https://okibo.com/ Monumental : https://www.monumental.co/ Icon Robotics : https://www.iconrobotics.com/ Canvas : http://gocanvas.io/ Paintjet : https://paintjet.com/ Promise Robotics : https://promiserobotics.com/ Timestamps: 00:00 Introduction and Overview 01:05 Addressing the Labor Shortage in Construction 08:05 Scaling Robotics Companies through Subcontractor Models 13:46 The Future of Robotics in Construction 25:18 The Use Cases of Robotics in Construction 29:55 The Nuances of Funding Rounds in Venture Capital 31:11 Wrap-up and Personal Reflections
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Latest podcasts

Bricks, Buck$ And Bytes

How Starpath Robotics Plans to Mine Space Water From Moon- Is It Even Possible?

Construction robots: From hot dogs to highways? In this episode of Bricks, Bucks and Bytes, we explored how robotics is changing construction. We learned about Starpath Robotics' plan to mine water on the Moon for rocket fuel. This could change how we explore space. We also covered how construction companies are now more open to using robots. This is due to a lack of skilled workers. Patric and Gabriele shared insights on investing in construction tech startups. Tune in to find out about: ✅ Why robotics companies should start with specific problems ✅ How construction robots can help with labor shortages ✅ What investors look for in robotics startups ✅ The importance of building a track record in robotics
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Bricks, Buck$ And Bytes

Billion-Dollar Blindspots: Are Construction Tech's 'Best' Lists Building on Quicksand?

Is the construction industry building its future on a foundation of hype? Think again. The latest market maps and "best-of" lists might be leading you astray. In this episode of Bricks, Bucks and Bytes, we explored McKinsey's updated report projecting a $22 trillion construction market by 2040, alongside the industry's looming labor crisis. We discussed the expansion of the Bricks and Bytes podcast network, including new shows like "BitBuilders" focusing on robotics in construction. Patric also shared his critical analysis of "best-of" lists and market maps in construction tech, revealing surprising insights about company success rates. Tune in to find out: ✅ Why the construction industry is facing its most challenging and high-activity era ever ✅ How robotics might transform on-site construction in unexpected ways ✅ Why well-funded companies often underperform compared to their less publicized counterpart ✅ The importance of looking beyond funding and PR when evaluating construction tech startups ----------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever: https://bricks-bytes.beehiiv.com/subscribe ----------------------------- LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ----------------------------------- Company Mentioned: - McKinsey Gecko Robotics Monumental Mighty Buildings Nexii ----------------------------------- 00:01.08 - 14:00: Introduction and Bricks and Bytes podcast network updates 14:00 - 20:10: McKinsey's updated construction productivity report 20:10 - 29:00: Labor shortage in construction industry 29:00 - 38:00: Potential solutions to labor shortage 38:00 - 44:00: Attracting talent to construction industry 44:00 - 50:30: Patric Hellermann's analysis of "best-of" lists 50:30 - 54:00: Detailed breakdown of study results 54:00 - 57:30: Discussion on implications of the study 57:30: Closing remarks and end of episode
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Bricks, Buck$ And Bytes

The Niche Domination Strategy - Why 1% of a Huge Market Could Kill Your Startup

Is your startup targeting just 1% of a massive market? Think again. This common pitch strategy might be hurting your chances with investors. In this episode of Bricks, Bucks and Bytes, we learned about Opus Flow's €1.7 million investment to boost their ERP solution for sustainable installers. We also explored the 3D visualization market, discussing by 7.2 (formerly known as Apex Partners)'s investment in Lumion, a key player in AEC software. Patric also shared valuable insights on building successful startups in crowded markets like construction tech. Tune in to find out:  ✅ Why focusing on a specific niche can be more powerful than chasing a small slice of a big market  ✅ How Opus Flow stands out in the competitive ERP space  ✅ Why adding AI isn't always enough to beat established players like Lumion  ✅ The importance of profitability in your core business before expanding ----------------------------- 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: - OpusFlow - Lumion - Enscape - Twinmotion - Inframarket ----------------------------------- 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
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Bricks, Buck$ And Bytes

Why 2D Design Still Beat 3D & The Surprising Impact of AI on Architectural Firms and Pricing

Is the future of architecture in 2D, not 3D? Testfit founder's has got a surprising take… In this episode of Bricks, Bucks and Bytes, we learned how TestFit grew from a weekend project to raising a Series A, changing how architects do feasibility studies. We also discovered why small firms might replace big ones like Gensler, as AI changes how architecture works. Patric shared why "outcome as a service" companies are shaking up the construction tech world. Tune in to find out: ✅ Why 2D design might still beat 3D and VR ✅ How AI could change the money side of architecture ✅ Why keeping customers matters more than getting new ones in construction tech ✅ The role of VC money in an industry that rarely reinvests in itself ----------------------------------- Company Mentioned: TestFit Gensler Autodesk Prologis Katera Good Eggs -------------------------------------- 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/ ------------------------------------ Timestamps 00:00 Introduction and Background 09:31 Issues with the Design Stack 18:44 The Importance of 2D Design 23:43 Automation and Problem Solving 26:01 Challenges in the Design Stack 26:53 Building Meaningful Automation in AEC 30:07 The Impact of Narratives in the Venture Industry 33:24 The Future of Architecture and Design in an AI-Driven World 34:21 The Potential Fragmentation of the AEC Industry 41:07 Picking VCs and the Importance of Customer Retention
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