Dec 17 2020
In 12 years, Nearmap has grown from a Western Australian aerial imagery startup into a AU$106M business with extensive operations in the US. Founded by Stuart Nixon in Perth, Western Australia, in 2008, Nearmap provides a cost-effective and high resolution aerial photography alternative to data from satellite imagery services such as Google Earth or drone-captured …
Permanent link to this article: http://extranetevolution.com/2020/12/aerial-data-capture-nearmap/
Nov 19 2020
California, US-based Corecon Technologies has upgraded its cloud-based construction estimating, project management and job cost software suite. The related fields of estimating and bid management have been hot topics among US construction SaaS technology providers in late 2020. For example, at its annual Groundbreak event earlier this month, California-based Procore announced the acquisition of Esticom, …
Permanent link to this article: http://extranetevolution.com/2020/11/corecon-upgrades-estimating-module/
Nov 18 2020
Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …
Permanent link to this article: http://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/
Nov 04 2020
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Oct 20 2020
London-based Visio Impulse is applying computer vision techniques to help clients and project teams rapidly get insights from site imagery. Incorporated by Farhad Bazyari in London in June 2017 and launched in February 2018, Visio Impulse applies computer vision techniques to monitor construction and engineering projects. A graduate of Sheffield University, Bazyari completed a PhD …
Permanent link to this article: http://extranetevolution.com/2020/10/visio-impulse-ai-visualisation-monitor-site-progress/
Oct 19 2020
Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …
Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/
Oct 08 2020
The California-based Plannerly SaaS platform provides a ‘virtual BIM expert’ to help teams create and deliver leaner, smarter BIM processes and outcomes. While based in California, BIM management SaaS software provider Plannerly has some strong UK connections, having been started by some of the ex-Graphisoft people who founded Vico Software in Woking, Surrey in the …
Permanent link to this article: http://extranetevolution.com/2020/10/plan-early-plannerly/
Sep 23 2020
FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …
Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/
Sep 03 2020
Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …
Permanent link to this article: http://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/
Aug 27 2020
Self-proclaimed skip hire disruptor, London’s Skrap has raised £1.2m and plans expansion to cover other construction hire needs. Skrap, a London-based startup, has raised £1.2m in seed funding as it sets out to transform how everything is hired in the construction industry by making it available on-demand. It claims a reputation as a ‘skip hire …
Permanent link to this article: http://extranetevolution.com/2020/08/skrap-automating-construction-hire/
