Funding Arrakis Raised $38M on a Bet Against Desk Work. Construction Is on the Target List. Seven months after being founded, the London and Paris startup came out of stealth with a $30 million Series A led by Blossom Capital. Its pitch is that AI's real return is in industrial operations, not offices — and its own site lists engineering and construction as a target sector. Its disclosed customers are not there yet. Hugo Pegley · Aug 3, 2026
Funding Cascade Raised $3.5M to Find the Projects Firms Never Knew They Lost The New York startup reads bond filings, permits and capital plans to flag construction work months before it goes out to bid. a16z Speedrun led the seed round. The bet is that business development is the least instrumented function in a firm that instruments everything else. Hugo Pegley · Aug 3, 2026
Funding Dili Raised $15M to Read Every Payroll Line, Not a Sample of Them Khosla Ventures led a $15 million Series A into a company selling something unglamorous: prevailing-wage and Davis-Bacon compliance for federally funded energy, data center and manufacturing projects. The pitch is that sampling-based auditing is a bet, and AI makes it unnecessary. Hugo Pegley · Aug 3, 2026
Analysis McKinsey Says AI Could Automate 39% of Construction's Desk Work. Nine Percent of the Industry Uses AI Daily. Two credible July datasets point in opposite directions: a McKinsey study on how much of construction's nonphysical work AI could automate, and survey data showing single-digit daily use. Analysis of what the gap actually measures — and who it favors. Hugo Pegley · Jul 30, 2026
Funding Hyperion Robotics Raises $7.4M to Print Infrastructure in Microfactories Instead of Casting It in Plants The Finnish 'physical AI' company puts a robotic 3D-printing factory near the job site to make low-carbon concrete parts for bridges, substations and water systems. Course Corrected and the EU's EIC Fund co-led the round, which takes total funding to roughly €17.4 million. Hugo Pegley · Jul 21, 2026
Funding Kind Designs Raises $10M to 3D-Print Seawalls That Double as Reefs The Miami company prints coastal seawalls with a robotic system and textures them to host marine life. An oversubscribed $10 million Pre-Series A — backers include Mark Cuban — values it at $70 million and funds a push into a hardening-coastline market. Hugo Pegley · Jul 21, 2026
Funding SubBase Raises $7M to Own the Least-Automated Corner of Construction: Buying the Materials The Fort Lauderdale startup wants to be the system of record for how contractors order, track and reconcile materials — and is now layering AI on the pricing and supplier data that flows through it. FINTOP led the Series A, which brings total funding past $15 million. Hugo Pegley · Jul 21, 2026
Funding Monumental Raises $32M to Send Its Bricklaying Robots to America The Amsterdam robotics company, founded by two engineers who sold their last startup to Palantir, has raised a Khosla-led Series B on an unusual premise: it doesn't sell robots, it sells finished walls. Next stop is Texas, Florida, Virginia and Arizona. Hugo Pegley · Jul 20, 2026
Funding Why Is One of AI's Founding Figures Backing a $10M Bet on Construction Drawings? Yann LeCun, one of the researchers who built modern deep learning, is among the individual backers of Primepoint's $10 million seed. The San Mateo startup is chasing a problem text-based AI keeps failing at: actually reading a construction drawing set. Hugo Pegley · Jul 20, 2026
Funding Trayd Raised $10M in Three Weeks to Fix the Payroll Nightmare No One Builds Software For White Star Capital led a $10 million Series A for Trayd, with Y Combinator and Suffolk Technologies doubling down and real-estate owner RXR joining. The bet: specialty-trade payroll — union rules, prevailing wage, multi-state tax — is a software business hiding in plain sight. Hugo Pegley · Jul 20, 2026
Funding Guthrie AI raises $4M to take the grind out of glazing bids The Philadelphia startup pairs an AI bidding workflow with a dedicated human coordinator for commercial glass contractors. Chicago Ventures led the seed round. Hugo Pegley · Jul 15, 2026
Funding TerraFirma raises $115M to run construction equipment from a screen Two former SpaceX engineers landed a $100M Series A led by Kleiner Perkins for a vertically integrated construction company that retrofits excavators and dozers to be operated remotely from a command center. Hugo Pegley · Jul 15, 2026
Funding 1001 raises $30M to bring 'sovereign AI' to ports, airports — and megaprojects Lux Capital led the Series A for the GCC- and London-based startup, whose AI operating system for critical infrastructure lists construction megaprojects among its four target domains. Hugo Pegley · Jul 14, 2026
Funding Build raises $8.5M to point AI agents at development's messy front end Index Ventures led the seed round for Build, an 'agentic development firm' that pairs AI agents with human experts to compress site selection and due diligence for data centers, energy and industrial projects. Hugo Pegley · Jul 14, 2026
Funding The Company That Certified Carbon Removal Is Coming for Construction's Materials Problem Isometric raised $40M to expand its agentic AI certification platform beyond carbon markets into industrial verification — including the steel and cement the built environment runs on. John Doerr backed it. AXA led it. The question is whether construction is the next big market, or a footnote. Hugo Pegley · Jun 30, 2026
Funding Endra Raises $50M Series A — a16z Bets on the Most Rule-Bound Corner of Building Design Andreessen Horowitz leads a $50M round into Endra, an AI that automates MEP engineering — the mechanical, electrical, and plumbing work that every building requires and that has resisted software automation for decades. The customer list suggests this is not a demo. Hugo Pegley · Jun 29, 2026
Funding DPR and Suffolk Technologies Invest in Skillit, Arguing Construction's Labor Problem Is Really a Data Problem Two of the most technology-focused general contractors in the country have made undisclosed equity investments in Skillit, an AI hiring platform with 190,000 vetted craft workers across 45 trades. Their thesis: the industry doesn't have a worker shortage — it has a broken market for finding the workers it already has. Hugo Pegley · Jun 25, 2026
Funding Probook Raises $40M from a16z and Sequoia to Build the Trades' AI Operating System Around Dispatch The home-services startup — serving HVAC, plumbing and electrical shops — raised a $6M seed led by Sequoia and a $34M Series A led by Andreessen Horowitz, a rare co-sign from two firms that seldom share a cap table. Founded by a 24-year-old who grew up pressure-washing houses, Probook is betting the trades' back office consolidates into one platform built around the dispatch board. Hugo Pegley · Jun 23, 2026
Funding Handle Raises $27M — a Bet That Construction's Most Valuable Software Is Hiding in Accounts Payable The San Francisco payments-and-compliance startup says it now runs more than $160 billion in construction invoices for customers like Ferguson, Cemex and Home Depot's distribution arms. Its Series B, led by Marbruck, funds a push from getting suppliers paid into running construction's whole money flow. Hugo Pegley · Jun 22, 2026
Funding All3 Raises $25M to Build Construction's Whole Stack at Once — Robots, AI Design, and the Factory Europe's largest construction-robotics seed of the year backs a company that refuses to pick a layer. All3 is building autonomous on-site robots, AI design software, and robotic component factories as a single integrated system — a vertically integrated bet that prefab's old rigidity can finally be engineered away. Hugo Pegley · Jun 18, 2026
Funding Sensera Systems Raises $27M to Turn Solar-Powered Site Cameras Into AI Eyes The Colorado company already has the hardware on thousands of job sites: self-contained, solar-powered, wirelessly connected cameras. The Series B is a bet that the durable value is in the software layer — turning all that video into real-time AI insight rather than footage nobody watches. Hugo Pegley · Jun 18, 2026
Funding Sitegeist Raises €4M to Aim Robots at Europe's Crumbling Concrete A Technical University of Munich spin-off has raised pre-seed funding for AI-enabled robots that repair concrete on active infrastructure sites — no 3D model required. It is a bet that the next robotics market in construction is not new buildings, but the hundreds of billions of euros of decay already on the ground. Hugo Pegley · Jun 18, 2026
Funding Structured AI Raises $4.2M to Put an AI Quality Inspector on Every Drawing An Oxford-founded, Y Combinator-backed startup is building AI agents that review construction drawings for errors before they become RFIs, change orders, and rework — going after the least glamorous and most expensive problem on the job: getting the documents right. Hugo Pegley · Jun 18, 2026
Funding Xpanner Raises $18M to Sell Construction Automation Like a Software Subscription The Korean startup doesn't sell robots — it retrofits the machines contractors already own and charges for autonomy by the task. With revenue that tripled to $21 million last year and a profit already on the books, it is one of the few physical-AI companies that can point to a working business model. Hugo Pegley · Jun 18, 2026
Funding August Robotics Raises $30M to Send Autonomous Drilling Robots Into the Data-Center Boom The Series B, led by Big Pi Ventures, backs a robotics company that has quietly tied its fortunes to the most capital-intensive construction trend of the decade: the global build-out of AI data centers. Hugo Pegley · Jun 13, 2026
Product Illoca Raises $13M to Kill the 'Production Tax' — an AI Canvas That Turns an Architect's Sketch Into Documentation Bessemer leads a seed round for a startup founded by a Google DeepMind design-AI researcher and Tesla's former BIM lead, betting that architects waste 60% of their week producing drawings instead of designing them. Hugo Pegley · Jun 13, 2026
Funding Neuron Factory Lands Trimble and Suffolk to Build Construction's Missing Layer: a Knowledge Graph A team of large-scale-AI and data-center-construction veterans has pulled in strategic capital from Trimble, Suffolk Technologies and Zacua to build what they call the first construction-focused knowledge graph — the connective tissue that lets AI reason about a project instead of just reading its documents. Hugo Pegley · Jun 13, 2026
Analysis Japan's ONESTRUCTION Raises ¥9.1 Billion to Fix the Problem Every Construction AI Quietly Depends On A Tottori-based startup just raised roughly $58 million — half of it debt — to turn construction's messy, unstructured data into something AI can actually use. It is the least glamorous and most foundational bet in the sector. Hugo Pegley · Jun 13, 2026
Funding Bedrock Robotics raises $270M to bring autonomy to the job site The Series B values the autonomous-equipment startup at $1.75 billion and draws in NVIDIA's venture arm, CapitalG and Tishman Speyer as it pushes self-driving excavators and dozers onto active sites. Hugo Pegley · Jun 12, 2026
