Intel Capital Invests in $15M Venture Round for AI-Powered Buildots
Technology tamfitronics Buildots' AI/machine learning tools analyze and identify potential construction problems based on 360-degree imaging captured onsite. Photo courtesy Buildots Buildots, an artificial intelligence and machine learning construction software firmwhose tools document construction progress and can help predict scheduling problemshas announced a $15-million investment round, led by Intel Capital with participation from OG Venture Partners and previous investors. In conjunction with the financing, Lisa Cohen, investment director at Intel Capital, will join Buildots as a board observer."We are proud to work with Intel Capital to propel large-scale construction into a more efficient and controlled future, taking out the guesswork and providing decision-makers with comprehensive and precise oversight," said Roy Danon, co-founder and CEO of Buildots in a statement.Intel Capital is the division of...
