Profit Isn't a Dirty Word! - Aligning Client-Contractor Goals from an Innovation Director
"The interest of a contractor and the interest of a client are the same: I want you to finish this building to the best quality, to that date. And if I'm really smart as a client, I want you to make money too."In today's episode of Bricks and Bytes, we had James Pellatt, founder of Digital Trees consultancy, sharing insights from his extensive career in real estate and construction technology.Tune in to find out about: ✅ Why construction innovation is difficult and how bureaucracy, leadership gaps, and procurement approaches create barriers ✅ The cultural differences between US and European construction tech adoption ✅ How smart buildings should be planned from the briefing stage, not as an afterthought ✅ James' vision for how generative AI could reduce project delivery times by 12-18 monthsListen now on Spotify to hear James discuss how he helps clients bridge the gap between traditional construction and digital transformation.------------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/bricksbytespodYoutube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_ZgInstagram: https://www.instagram.com/bricksbytes/---------------Chapters00:00 Intro03:55 Introduction to James Pellatt and Digital Transformation in Real Estate07:05 Understanding Client Challenges in Real Estate10:08 The Role of Technology in Construction12:47 Comparative Analysis of Technology Adoption: US vs Europe15:43 Cultural Differences in Innovation and Entrepreneurship19:06 Barriers to Innovation in Construction21:55 The Importance of Transparency in Client-Contractor Relationships24:59 The Future of Construction: Aligning Interests for Success36:29 Engaging with Subcontractors for Better Insights37:31 Cultural Challenges in Construction38:43 Comparative Analysis of Global Construction Practices40:56 Technology's Role in Construction Efficiency44:36 Evaluating Technological Innovations in Construction47:20 The Importance of Smart Buildings51:42 Understanding ROI in Construction Technology55:14 Advice for Tech Developers in Construction01:00:06 Generative AI's Impact on Design and Construction01:05:52 The Value of Mentorship in Professional Growth
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Bricks & Bytes
New Podcasts, Robotic Innovations, and Modular Mistakes - June Monthly Roundup
In this month's Bricks & Bytes roundup, We discuss the latest trends and insights from the episodes we released in June.
We discussed how Altaf's persistence led SnapTrude to success after 8 rejections
and why Shubhankar sees huge potential in India's efficient startups and much more!
We also shared about the future plans we have with Bricks and Bytes!
Tune in to find out about:
✅ Why robotics and design tech are the hottest topics in construction right now
✅ How we are expanding into a podcast network with specialized shows
✅ The surprising lessons from a modular construction startup's $10 million failure
✅ Why "outcome as a service" could be the next big thing in construction robotics
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04:00 - What Happenned In Bricks & Bytes This Month
05:40 - Discussing Modulous Breakdown
11:30 - Future Vision and Plans of Bricks and Bytes
20:00 - Views On Accelerators & Incubators
27:10 - 1st Episode Of Bricks, Bucks & Bytes
30:43 - Plans For Next Month
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Bricks & Bytes
The Problem with Project Write-Offs and How Novl is Solving It for Good
"Project write-offs, financial losses" - that's the problem that Novl is tackling head on for architecture and engineering firms!
Recently we were invited to the BOOST cohort from Suffolk Technologies where we had a chance to interview Shawn and Hassan, co-founders of Novl, and we got to learn about how they are helping companies to improve their margins and attract better talent.
Tune in to find out about:
How Novl is helping companies use data to see where they’ve made and lost money.
Why predictive analytics is key for matching the right people to the right projects.
How Novl aims to be an operating system for AE firms, saving them from hiring large in-house tech teams.
How they are using a "baseball card on steroids" for resource management.
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Bricks & Bytes
The Eye Opening Inside Story of Foundamental’s Origin - VC In Construction Tech
Note: This is the 1st episode of our 8 part Super Series with Foundamental. You can go and check out the complete Super Series with Foundamental at : https://bricks-and-bytes-super-series.vhx.tv/products
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In episode 001 we go right back to the start. How did Foundamental come to be? What was the “random mash-up” that led to the firm’s genesis?
Watch this episode to discover:
The unique origin story of how three unlikely partners came together to create a global powerhouse in construction tech investing
Foundamental’s contrarian approach to building a truly global VC firm focused on construction and AEC (Architecture, Engineering, Construction) tech
Insights into the firm’s investment strategy, decision-making process, and how they leverage their global presence for superior returns
The compelling macro and micro factors driving innovation in the construction industry
How Foundamental balances diverse personalities and skillsets to create a high-performing ‘wolf pack’ of investors
Their unconventional approach to fund size and LP relationships that maximizes potential for outsized returns
Also, if you sign up for our newsletter, we’re giving away TEN 50% off coupon codes. Sign up now: https://bricks-bytes.beehiiv.com/subscribe
AEC's Craziest Acquisition Ever? Landing Page 101, UK Construction Doomed, Robotics to win 2026
Is the $390M AECOM-Consigli Deal Actually Worth It? (And Why Everyone Has an Opinion)In this episode of Bricks, Bucks & Bytes, Owen, Martin, and Dustin dive into the construction tech industry's hottest acquisition while unpacking what it means for the future of AEC software.Key topics discussed:The AECOM acquisition of Norwegian AI startup Consigli for $390M and whether the valuation is justifiedEngineering consultancies buying software startups: smart strategy or risky bet?Dustin's firsthand experience with acquisitions and what actually happens post-dealThe hidden challenges of integrating AI software into traditional construction firmsOut-of-the-box LLMs vs. custom-built AI: which wins for construction takeoffs?Announcing the AEC Prediction Market closed beta (launching December 8th)"The level of precision that these models are gonna reach is gonna far exceed even what you would do on your own at some point. And it's very, very close anyway." – Dustin DeVanPlus: Why Owen's satirical LinkedIn post about the deal went viral, Dustin's impressive turkey trot performance, and the upcoming debate between Luigi and Powers on whether general AI models can truly replace specialized construction tools.Our SponsorsAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioChapters00:00 Intro01:24 Introduction to Live Streaming Challenges 07:24 Discussion on AECOM's Acquisition of Consigli 19:19 The King Making Strategy in VC Investments 24:22 Funding Strategies in Competitive Markets 26:26 The Challenges of Venture Capital 29:19 Navigating Market Pressures and Investment Timing 31:40 UK Construction Market Trends 34:19 US Construction Landscape and Economic Outlook 36:10 Innovations in Construction Technology 38:07 The Future of Robotics in Construction 41:10 Landing Page Strategies for Startups 50:48 The Importance of Visuals in Product Presentation 53:14 Building Trust Through Social Proof 53:56 Effective Website Design Principles 55:51 The Role of Terminology in Industry Credibility 59:07 Innovative Approaches to AI in Construction 01:02:53 The Upcoming LLM Debate01:09:20 Launching the AEC Prediction Market
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Bricks, Buck$ And Bytes
Bobyard's $35M AI Claims, Oracle's $523B Backlog, Larry Ellison's Debt Mastery, Parallax Worlds $4.9M Robot Testing, ChatGPT vs Construction Reality
Can You Really Bid a Construction Project in Minutes? One Founder Says Yes, a Contractor Says It's "Completely Inaccurate"In this episode of Bricks, Bucks & Bytes, Martin, Patric, and Dustin tear into the latest construction tech funding news, Oracle's jaw-dropping earnings, and set up what might be the most heated debate in AEC tech this year.What's covered:Bobyard's $35M Series A for AI-powered takeoffs—and why Dustin thinks their marketing claims miss the mark on how pre-construction actually worksOracle's $523 billion revenue backlog (yes, that's more than the GDP of Norway, Austria, and Vietnam combined)How Larry Ellison became the master of debt financing and why the AI bubble might not be bursting yetTanmay Agarwal from Parallax Worlds joins to explain their $4.9M raise and how they stress-test robots in hyper-realistic digital twins before they hit factory floorsThe battle lines drawn: Mike Powers and Luigi La Corte face off in a heated teaser for Tuesday's debate on whether ChatGPT and Gemini have actually "solved" construction estimatingThe quote:"Estimating, quantity takeoff is not the most time consuming aspect of pre-construction. For any person that's ever been a part of pre-construction, that spans years. You do not spend years doing quantity takeoff." — DustinPlus, next week is the final episode of 2025—and there might be costumes involved.Our Sponsor: Archdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.comBuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioAphex is the multiplayer planning platform where construction teams plan together, stay aligned, and deliver projects faster – check out aphex.coChapters00:00 Intro01:31 Introduction and Overview of Topics 04:24 Bobyard's Series A Funding and Impact on Construction 07:18 Debate on Trade-Specific Models vs. General Models 10:21 Challenges in Construction Estimation 13:22 The Role of Pricing in Construction Estimation 16:08 Oracle's Financial Performance and Its Implications 19:03 Future of AI in Construction 31:44 The Role of AI in Financial Models 32:41 Data Centers and the Future of AI 33:53 Understanding Oracle's Business Model 35:22 Debt Financing and Its Implications 37:19 Market Dynamics in Dubai's Real Estate 39:58 The German Economy and Construction Trends 41:19 Current State of the US Construction Market 49:33 Advancements in Robotics and AI Testing 1:00:33 Intersection of Hardware and Software in Robotics 1:01:15 Construction Robotics and Digital Twins 1:02:37 The Value of Simulation in Construction Tech 1:03:31 Data Integration from On-Site Solutions 1:04:10 Closing Thoughts and Future Directions 1:07:39 Debate on AI in Construction 1:12:24 Open Source and Benchmarking in Construction Tech
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Bricks, Buck$ And Bytes
nPlan Raises £11.9M Series B, AI Agents Lack Evals Crisis, WhatsApp Dominates 90% Site Communication
"Most AI Agents Will Die" - Why This CTO Is Terrified About What's Coming
In this episode of Bricks, Bucks & Bytes, hosts Owen Drury, Martin, and Patric Hellermann sit down with some of construction tech's boldest builders who aren't holding back. Fresh off massive funding rounds and hard-won lessons, they reveal what's really happening behind the hype.
What we cover: - nPlan's £11.9M Series B - Alan Mosca (CTO) explains why they accidentally solved molecule generation while building scheduling AI- Factors' $56M raise - How they're financing $250-300M of construction work annually (and the "trick" banks don't want you to know)- The AI agent apocalypse - Why lack of evaluation frameworks will "kill off most agents"- WhatsApp is eating construction tech - 90% of site communication happens here, and smart founders are finally paying attention- Smart glasses revolution - Why this could be as transformative as mobile phones on construction sites- AI consultancies without humans - The controversial future of PM firms charging on outcomes, not hours- Why one founder stopped fundraising - "Customer money is the best capital" and why raising is a "massive distraction"- 5 accelerators, 5 lessons - Prakash Senghani (Navatech) on contradictory advice and what actually works in the Middle East- Regional pricing secrets - Why per-user pricing fails in the UAE and what to do instead
Key Quote:"I think we're getting to a stage where AI is going to become like the internet, right? You don't tell people that my app runs on the internet. That's obvious. You're going to get to a stage where your app has AI. Yeah, that's obvious, right? What are you doing with it? What's the outcome?" - Prakash Senghani
Featuring: Alan Mosca (nPlan CTO), Nitin Bhandari (Planera), and Prakash Senghani (Navatech)
🎧 Listen to the Podcast: https://open.spotify.com/show/3P7JkiN9X3N4Kh6jlDsOgi?si=91JP5nxvQbKStkp8AQdAOg 📩 Subscribe to the Bricks & Bytes Newsletter: https://bricks-bytes.beehiiv.com/🌐 Visit our website: http://bricks-bytes.com/
📲 Follow us: LinkedIn: https://www.linkedin.com/company/bricks-bytes/ Twitter: https://x.com/bricksbytespod Instagram: https://www.instagram.com/bricksbytes/
Sponsors:BuildVision - streamlining the construction supply chain with a unified platform - www.buildvision.ioArchdesk - “The #1 Construction Management Software for Growing Companies - Manage your projects from Tender to Handover” check archdesk.com
Enjoying the insights? Hit that Subscribe button to stay ahead in construction tech, AI, and the future of how we build.
Chapters00:00 Intro02:12 Introduction and Guest Introduction04:61 Funding News and Company Growth08:03 Technological Innovations in Scheduling10:40 Generative Models and Unexpected Discoveries13:31 Developing Custom Models for Specific Tasks16:24 The Importance of Data and Research19:08 Convergence of Machine Learning Techniques22:13 AI Skepticism and Misuse24:52 The Future of AI in Construction Tech28:08 Collaborative Scheduling and User Experience30:57 Evaluating AI Performance33:36 Insights from Nitin on Data Center Construction36:32 Planera's Unique Approach to Scheduling39:28 The Role of AI in Scheduling42:20 Lessons from Past Collaborative Tools45:18 The Future of Scheduling Technology46:33 Introduction and Context Setting47:25 Navigating Growing Pains in Business48:17 The Role of AI in Business Operations49:44 Understanding the Product and Its Impact51:14 Practical Applications of AI in Safety54:45 Target Customers and Market Strategy55:48 Shifting Gears: The Future of Construction Tech1:00:17 The Evolution of Software and Company Structures1:04:09 Current Business Climate in the Region1:06:13 The Rise of Construction Tech Startups1:10:05 Experiences with Accelerators1:15:39 Pricing Strategies for Startups1:18:41 Conclusion and Future Outlook
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Bricks, Buck$ And Bytes
Procore’s AI Bomb, Should VCs Pick Ideas, Revolutionary Site Layout Tool
Last week at Groundbreak, Procore launched Helix AI Agents claiming to make startups like Trunk Tools and Datagrid "obsolete overnight."In this episode of Bricks, Bucks & Bytes, we invited Datagrid's CEO Tiago to respond (spoiler: he ghosted us... draw your own conclusions 👀)Owen, Martin, Dustin, and Patric also dives into one of the most controversial questions in startup investing: Should founders ask VCs for business ideas?In this episode:Why asking investors for startup ideas means you're already losingThe real reason big corporations can never innovate from withinWhere the truth about building outlier businesses actually liesWhy construction tech is heating up right now (and nobody knows what's coming)The Procore AI agent announcement that's shaking up the industryHow to find insights that actually matter (hint: it's not from VCs)The Brutal Reality: "If a VC had such a unique insight on that business, it would almost be a compelling enough reason to leave their job to pursue it because those things are so special and so rare"The construction tech arena is heating up. Big announcements. Bold claims. But who's actually solving real problems?If you're building in construction tech, this episode reveals the playbook no one's talking about.Watch the full breakdown before everyone else figures it out.
Chapters00:00 Intro01:32 Introduction to Business Ideas and AI Agents04:21 The Role of Investors in Business Ideation07:26 The Nature of Outlier Businesses10:05 The Limitations of VC Insights13:01 The Impact of New Browsers on Market Dynamics15:54 Procore's AI Agent Announcement and Industry Reactions18:51 Comparing Procore with Competitors28:01 Procore's Evolving Submittal Process29:04 Market Dominance and Industry Assumptions29:45 AI's Role in Construction Tech30:59 Data Activation Challenges32:10 The Importance of Data Connectivity33:54 Market Power and Vendor Lock-in34:23 Assumptions in the Construction Tech Landscape35:34 Tracy's Insights on Startup Strategies36:44 Defensibility in Construction Tech38:28 Collaboration and Network Effects39:20 Introduction to Mechasys40:07 Innovative Layout Solutions42:29 As-Built Documentation and Modifications44:29 Comparing Layout Solutions46:15 Hardware Development and Manufacturing49:20 Accuracy and Cost Competitiveness51:39 Understanding BOM Costs in Manufacturing54:32 Product Versatility and Customer Needs55:23 Innovations in Construction Management Software01:00:06 Challenges Faced by Residential Contractors01:04:21 The Importance of Estimating in Construction01:08:04 Navigating the Competitive Landscape of Construction Tech