Funding Mach9 Raised $34M After Deciding the Scanner Was Not the Bottleneck A $34 million Series A announced 21 October, co-led by First Round Capital and Bessemer Venture Partners, takes Mach9's total funding to $49 million. The company was founded in 2021 as Mach9 Robotics to build inspection hardware; it dropped both the hardware and the word from its name and now sells the drafting step instead. Hugo Pegley · Oct 21, 2026
Product EarthCam Opened Its Jobsite Cameras to ChatGPT and Claude. The Agents Get Finished Detections, Not Raw Images. Seven new AI models and an MCP connector, announced 20 October. EarthCam says its own AI analyses jobsite imagery before anyone asks a question — ten times faster than a customer's agent reading raw pixels, and cheaper in usage credits. The architecture is the announcement. Hugo Pegley · Oct 20, 2026
Product Cupix Is Pointing Its Digital Twin Past Handover — and Wiring It to SAP and Maximo CupixWorks 5.0 is pitched as 'Enterprise Spatial Intelligence': the construction capture joined to schedules, BIM and enterprise asset management, with a natural-language query layer and an MCP connector for agents. It is in invitation-only beta, and the version number reaches us through AEC Magazine rather than an announcement of Cupix's own. Hugo Pegley · Oct 7, 2026
Funding Trendspek Raised A$6M on a Premise Borrowed From Aviation: the Record Has to Outlive the Inspection Three former Qantas pilots spent seven years turning drone and robot captures into a single 3D condition record for ports, energy facilities and telecom networks. The engineer-classified defects piled up inside it are now the training set — and the reason OIF Ventures led the round. Hugo Pegley · Oct 6, 2026
Product OpenSpace's Pitch for the Agent Era: 'AI Agents Need Eyes' At Waypoint on 10 September, OpenSpace unveiled the next generation of its platform — live indoor positioning, a voice-driven field capture mode, a progress-tracking API and an open agent ecosystem. Most of it is announced rather than generally available, and the company says so. Hugo Pegley · Sep 23, 2026
Funding Buildots Raised $130M, and Its Customer List Is the Argument O.G. Venture Partners led the round, taking Buildots' total funding to $297 million. The users named in the announcement — Intel, Digital Realty, Turner, JE Dunn, HOCHTIEF, Bouygues — are the firms building the data centres and fabs, which is where construction's schedule risk has concentrated. Hugo Pegley · Sep 15, 2026
M&A Procore Is Paying $845 Million for Eyes Procore will acquire reality-capture platform DroneDeploy for approximately $845 million in cash — announced on the same day it told investors it had achieved GAAP operating profitability. The deal buys the one thing its AI agents could not read: the jobsite itself. Hugo Pegley · Jul 30, 2026
Analysis OpenSpace Has Now Documented 1,000 Data Centers. That Number Tells You Something About Where Construction AI Is Actually Being Deployed. Half of those 1,000 projects were added in the past year alone. The milestone positions OpenSpace as the de facto construction intelligence standard for the AI infrastructure boom — and raises the question of what that dataset is worth. Hugo Pegley · Jun 15, 2026
