#076 - Secrets To Boost Your Business in Construction - Business Development In The Built Environment
In today’s episode of Bricks & Bytes, we have Mark Worrall, CEO of BBI Services Ltd
In this episode, we learn about business development in construction, why technology works best when solving a well-defined problem, some common misconceptions like technology will magically fix problems, and much more!
Tune in to find out about:
How visual performance tracking helps teams know what to focus on fixing
Technology works best when solving a well-defined problem, not as a magic solution.
How modular fabrication needs to take a true production-led approach to succeed.
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Mark Worrall | CEO at BBI Services Ltd
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Timestamps:
(00:00:00 - 00:02:13) - Intro
(00:02:13 - 00:10:15) - About BBI Services
(00:10:15 - 00:15:30) - How to enhance people's performance at the workplace
(00:15:30 - 00:20:30) - Learning from Toyota's manufacturing practices
(00:20:30 - 00:40:49) - Biggest misconception about technology
(00:40:49 - 00:41:19) - Outro
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Bricks & Bytes
#081 - From 0 to Real Estate Developer in 7 Years - The Tech, Tools, and Teachings Behind the Rise to the Top - Max Sanchez
In today’s episode of Bricks & Bytes, we have Max Sanchez, Real Estate Developer and Construction Innovator.
In this episode, we learn about Max's journey from music producer and sales manager to a real estate developer, the potential Max sees in using robotics and virtual reality capture in construction, and much more!
Tune in to find out about:
How Max went from selling customized USB drives to managing construction projects and diving into construction tech.
The lessons Max shares when selling tech solutions to developers.
How robotics and virtual reality capture can have a big impact in the industry
How to create win-win partnerships between developers and contractors
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Max Sanchez | Real Estate Developer and Construction Innovator
Timestamps:
(00:00:00-00:06:35) Intro
(00:01:35-00:07:10) Background of Max Sanchez
(00:07:10-00:17:26) Advice for people looking to get into Real Estate
(00:17:26-00:23:00) Key Mistakes that Max made
(00:23:00-00:28:10) "Where Are We" in Construction Tech
(00:28:10-00:41:22) Technology in Property Development Business
(00:41:22-00:45:46) Reality Capture Solution and Robotics In Construction
(00:45:46-00:46:52) Outro
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Bricks & Bytes
#079 - From Student to Co Founder - Building The ChatGPT for Construction
In today’s episode of Bricks & Bytes, we have Fauzan Reza Maulana, CEO of Rekava, an AI-driven digital assistant for the construction industry
In this episode, Fauzan shares his journey from student to Co-Founder and CEO as well as some eye-opening takeaways from his recent thesis on Startups In Construction Tech.
Tune in to find out about:
The ideal size and expertise of a founding team in construction tech
The importance of deeply understanding your customer's problems before building products
Fauzan's personal journey from civil engineering to programming to leading a tech startup and his key learnings along the way.
How Rekava is using AI to create a virtual assistant that can answer questions on construction project documents, acting as a knowledge base that never retires.
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Fauzan | Co-Founder at Rekava
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Timestamps:
00:00:00-00:02:00 Intro
00:02:00-00:06:10 Key Findings Working In Construction Tech
00:06:10-00:09:55 Current State of Construction Tech Startup
00:09:55-00:17:20 Transition from Student to Startup Founder
00:17:20-00:25:14 How do you find Founders
00:25:14-00:32:02 Outro
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Bricks & Bytes
#070 - Ben Weiss - Unlocking Hidden Potentials In Low-Tech Industries
In today’s episode of Bricks & Bytes, we have Ben Weiss, Co-Founder of BinStar.
In this episode, we learn about the potential in low-tech industries like construction and the role technology can play in improving efficiency.
Tune in to find out about:
How the construction industry represents a major market opportunity that is overlooked by many investors
Why focusing on cost reduction and efficiency improvements is a better strategy than creating new revenue streams
The challenges of adopting new technology in traditional industries resistent to change
The future role of technology like drones and AI in optimisation of construction processes
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Ben Weiss | Co-Founder of BinStar
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Today’s Sponsor: beta – Construction and technology network platform
– connecting the tech industry with traditional construction partners.
Check www.the-beta.com
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Timestamps:
(00:00:00 - 00:02:30) - Intro
(00:02:30 - 00:05:20) - Ben's background in public markets and hedge funds
(00:05:20 - 00:12:00) - Defining "low-tech" industries and why they are interesting investment opportunities
(00:12:00 - 00:25:00) - How simple technology can have massive impact on traditional businesses
(00:25:00 - 00:35:33) - SolidSpace and its solution for construction project mistakes
(00:35:33 - 00:42:00) - Advice for new investors
(00:42:00 - 00:29:30) - Outro
Unicorns, Coast's $40M Raise, and $34 Billion in Construction Tech Funding - Why Headcount Growth Might Be Misleading
Construction tech funding is booming, but is it all hype?
In this episode of Bricks, Bucks and Bytes, we learned about Coast's impressive $40 million Series B raise for their financial services platform in transportation.
We also got insights on the surprising growth in construction tech funding, reaching 0.53% of total venture capital.
Plus, we heard a critical take on using headcount growth as a measure of startup success.
Tune in to find out about:
✅ Why Coast is attracting big investment
✅ The unexpected trends in construction tech funding
✅ Why unicorns in the sector are both rising and falling
✅ What really matters when evaluating startups (it's not just numbers)
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Company Mentioned
Coast
Brex
Veev
Nexii
Autodesk
Trimble
FlashTrack
Procore
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Timestamps
00:00 Intro
00:32 Introduction to Coast: Financial Services Platform for Transportation
06:12 Coast's Funding and Investors
10:23 Assessing the Viability of Coast's Target Market
13:42 Analysis of Coast's Funding Rounds and Revenue Growth
18:07 Discussion on Investor Perceptions and Series B Funding
19:09 Market News: ConstruTech Funding Landscape
23:21 Analysis of Funding Trends in ConstruTech
27:45 Hype and Funding Rounds in Construction Technology
32:18 The Growth of Highly Substantiated Companies
36:26 The Asian Market and Funding Rounds
37:25 The Changing Landscape of Exits
41:41 Headcount Growth as a Metric for Startup Evaluation
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Bricks, Buck$ And Bytes
Fencing - The Hidden Gold Mine in Construction Tech & Nexii's Surprising Comeback
Is the fencing industry secretly one of the most profitable sectors in construction?
In this episode of Bricks, Bucks and Bytes, we learned about EverFence's $7.7 million Series A funding, showing strong interest in the fencing market.
We also discussed Nexii's attempt to relaunch after going into liquidation, highlighting the challenges in offsite modular construction.\
Plus, we got candid insights from Patric on why advice from generalist VCs might be hurting construction tech startups.
Tune in to find out:
✅ Why fencing companies can see up to 200% profit margins
✅ The pros and cons of asset-heavy vs. asset-light models in construction
✅ How bad VC advice is affecting construction tech startups
✅ Why founders should be wary of VCs who can't admit what they don't know
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Company Mentioned:
EverFence
Ergion
Nexii
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
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Bricks, Buck$ And Bytes
GUEST: Holobuilder’s Path To $34m Exit, Mo Akbari’s Journey Building The Pioneering Reality Capture Tool
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.
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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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X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
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Company Mentioned:
Faro
Frankfurt Airport
Siemens
Autodesk
Contilio
Disperse
OpenSpace
Cupix
Doxel
HoloBuilder
Matterport
Hansel Phelps
Buildots
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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
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Bricks, Buck$ And Bytes
€5.7M VC Bet To Retrofit Europe’s Housing Stock, "Pay What You Want" models and Nemetschek to India - Bricks, Bucks & Bytes
Could a "Cloud Installer" approach help insulate 30 million European homes faster?
In this episode of Bricks, Bucks and Bytes, we learned about Varm's €5.7M seed round for their innovative insulation business. They're using a "Cloud Installer" approach to scale across Europe.
We also discussed Nemetschek Group entering India's construction software market, starting with university partnerships.
Plus, Patric Hellermann shared why he's excited about Varm and his thoughts on "pay what you want" pricing for software.
Tune in to find out about:
✅ How insulation can cut energy costs by up to 40%
✅ Challenges of selling €2,500 software licenses in India
✅ Varm's plan to train and equip local insulation businesses
✅ Why "pay what you want" pricing might not work for high R&D software
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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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X/Twitter: https://twitter.com/bricksbytespod
Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg
Instagram: https://www.instagram.com/bricksbytes/
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Companies Mentioned :
Foundamental
VARM
Koala Insulation
Enpal
Thermondo
1.5 degrees
Service Titan
Autodesk
Bentley
Hexagon
Nemechek Group
Trimble
Rayon
AOPropTech
Emerge
Pale Blue Dot
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Timestamps:
00:00 Introduction and Funding Round
02:32 Varm's Focus on Insulating Existing Buildings
05:41 Cloud Installer: Varm's Business Model
10:09 Blow-In Insulation: A High ROI Measure
28:06 Introduction to Nemechek Group's Expansion into India
31:59 The Potential of the Indian AEC Software Market
36:26 Challenges of Pricing Models in the Indian Market