Building Ventures’ Post

Excellent piece Jesse Devitte on how software, AI, automation and data can make construction more efficient and sustainable - Terabase Energy is working at this in utility solar power plant construction!

🏗️ PropTechPro is excited to spotlight CLT Toolbox, a Melbourne proptech startup making waves in the construction industry! 🌱 Their innovative software educates commercial builders on the potential of engineered timber in construction, offering a sustainable alternative that reduces carbon emissions. 🌍 Discover how CLT Toolbox is reshaping the future of construction and promoting eco-friendly solutions. Read the full article on PropTechPro's website to stay ahead of industry trends: https://shorturl.at/BQZ04 Join us in championing sustainable building practices and paving the way for a greener future. 🏡 #Proptech #SustainableConstruction #Innovation #CLTToolbox #EngineeredTimber #BuildingSustainability #LinkedInPost

Follow with interest the advancements in the field of artificial intelligence in the field of architecture. In the field of artificial intelligence, the dynamic of development is the transformation of robots from thinking to action. So far, electronic calculators, electronic computers, mobile phones, recognition and language, cultural processing... these are all within the scope of thinking. The next step is for robots to replace human movements, which requires accuracy and power. Therefore, artificial intelligence will usher in the development of two key technologies, one is software, and the other is precision joints of robots. This will be a precision joint with ZY multi-tooth meshing technology that greatly exceeds the current level in accuracy and strength.

Building bridges, not just walls! 🏡💼 Celebrating Build-to-Rent innovation that provides stability for families and steady returns for investors. Let's focus on the fruitful impact and creating wealth with every brick laid. 🚀🌐 #BuildToRent

I can’t believe it’s been 3 1/2 years since I first met Cliff Fetner and bought into his #vision for building a business that makes closer connections between those in the #constructionindustry who have and need #dirt and #aggregates. When he first shared his vision with me he said “Soil Connect will be a 1-Stop-Shop for all of your #dirt-related needs!” And he’s never wavered from that big and exciting vision. When I first met Cliff he had never been in #software, had never run a tech #startup, had never raised venture capital, but he did decades of #construction expertise and a big passion for solving problems that #construction professionals face on their job sites. With his industry expertise and passion for bringing value to the construction industry, he successfully built an amazing team of employees, built a web and mobile platform that has saved the industry tens of millions of dollars and reduced thousands of tons of CO2 emissions, and brought together a group of investor partners who have enabled us to get to where we are today. In this next chapter for Soil Connect, I am committed to turning Cliff Fetner’s vision into a reality. I’m grateful and humbled by the belief that he (and our board and investors) has in me to take our business to the next level, and I admire the courage he has shown both by starting this company and by trusting it’s fate in the hands of the team he has built. Here’s to #levelingup and the future for Cliff Fetner and Soil Connect!

The winners will have the right people and a tech-focused offering that solves a tough problem.   •  Thanks to high-profile industry failures and other factors, investors may scrutinize offsite companies more closely than other types of firms. •  The best way to attract a Venture capital (VC) firm is with a technology that promises to solve a pressing industry problem, whether that’s selling homes, or manufacturing and delivering them more profitably to a wider area. •  An attractive company will offer market-specific, measurable benefits that can be used to counter objections from careful investors.   The news of late hasn’t been kind to privately funded offsite firms. It’s probably safe to say that everyone in the homebuilding industry has heard about Katerra and Entekra, two California-based offsite construction companies that shut their doors in 2021 and 2023, respectively. But those two high-profile companies weren’t the only ones dealt financial blows. Gary Fleisher Tommy Rakes Ray Mazzie Ken Semler Yudhisthir Gauli Daniel Farias Joseph Blockno Devin Perry Matt Belcher

This issue’s story on how to attract venture capital includes a discussion of Veev, a San Mateo, California startup that shuttered its operations in late 2023 despite having raised nearly $600 million and employing up to 400 workers. What happened to the company before and after its failure offers important lessons to the industry. The story of Veev’s decline, and its subsequent acquisition by Lennar, highlights the dynamic nature of the proptech sector. It underscores the importance of adaptability and the need for strategic partnerships in navigating the complex world of real estate and construction. Let’s hope that the synergy between Lennar’s market power and Veev’s innovative ideas will contribute to a brighter, more efficient future for the housing industry. Gary Fleisher Ken Semler Nolan Browne Colby Swanson Matt Belcher Devin Perry Chris Lawrence Rob Howard Eric Schaefer

I've spent a lot of time studying "co-living." This is the most practical way to do it: incorporated into a traditional building at the end-cap. A) You get the lower rents that only come from a higher number of units sharing living and bathrooms. B) But you reduce risk (for financiers) by having the co-living component be a small percentage of an overall development. In other words, co-living becomes like a unit type: studios, 1s, 2s, and 3s. Finally, this configuration also reduces the extent to which extreme densities make parking and asset management too onerous. The co-living startups in the papers all fail because they try to operate outside of a generously-sized asset / have 1 house each in 20 countries.

Another piece of the jigsaw falls into place… It’s not just about having advanced #MMC structural solutions, a national manufacturing infrastructure, the best-in-class construction products that wrap-around our structures - providing warranty, peace-of-mind, fully-tested & compliant solutions… It’s also about the software and intelligence (inc. A.I.) for design, estimating, & engineering, the ability to streamline, drive efficiency, productivity, harness data… It’s about the full picture… Growth through: Strategic Creation Strategic Evolution Strategic Acquisition Strategic Partnership Strategic Investment NOVA by Saint-Gobain Saint-Gobain Saint-Gobain UK & Ireland Saint-Gobain Off-Site Solutions Intrastack

US$3 Mln Funding The pattern of land development is influenced by many factors including but not limited to population growth, economic development, and community formation. It is a sophisticated process of converting raw land into land segments that are suitable for development, with utilities such as water supply, sewerage, gas and electricity, provision of streetlights, footpaths, curbs and streetscape, construction and naming of local streets and sections with legal titles The nine major challenges facing land development processes are: delay in reviews and approval of documents; scope change; lengthy consent application processes; late response to queries by regulatory authorities; poor interaction between regulatory authorities; poor coordination within regulatory authorities; poor planning and scheduling; design errors and slow progress during design development. NICHE TO MAINSTREAM The land development process is criticised for causing delays in the delivery of adequate housing. These delays upset the demand and supply equilibrium, leading to housing shortages, expensive builds and rentals. There is need for the development of proper work plan for consent processing, reasonable factoring of the risks associated with scope changes in the land development process, and the enhancement of project management skills of land development contractors. Using technology to streamline the challenges faced by land development contractors is critical. One of the startups developing a solution is Cedar. Cedar is a provider of a generative building design platform for housing and urban development. Founded in 2022 by Kyle Vansice, Nate Peters and Rahul Attraya, Cedar provides a platform that uses generative algorithms and a mix of public and proprietary data to quickly generate a broad array of building designs, accurately predicting the development yield on any parcel in a city, and converting complex land-development regulations into real development scenarios that maximize a property’s financial potential. The company's platform is everything you need to start your next real estate development project in one place. It offers robust tooling to drive efficiency and accuracy to the development process. It's fast, powerful and intuitive. Save time and instantly find properties that meet your specific development goals, so you and your team can focus your efforts on what matters most - building beautiful projects. Cedar has raised $3 million in Seed funding. The company intends to use the funds to expand operations and its business reach. #funding #tech #startup #generative #building #design #platform #vc