Radar – Our selection of innovative businesses #9

Autonomous construction machinery, supply chain digitalisation and a digital construction documentation platform: discover our selection of innovative businesses.

Built Robotics releases 1st fully autonomous construction machinery in the USA after having raised $48 million.

Built Robotics, a company specialized in designing construction vehicles, just made its first fully autonomous construction machine available for orders. It can work autonomously or be operated remotely.

The machine integrates a software which allows it to perform simple tasks like dig trenches or excavate foundations. The autonomous vehicle can be managed and monitored via a web-based platform.

The construction robot works with a GPS and a LIDAR system (measuring distance to objects with light) that help him navigate and dig autonomously.

Safety is, of course, the main concern for an autonomous machine that could hurt workers. The machine has cameras onboard and machine operators can establish a “geo-fence” to protect the site.

In the USA, this technology has been used to dig foundations for new wind turbines. Overall, autonomous vehicles on job sites could improve global construction productivity and let human workers focus on more important tasks.

HaulHub raised $30 million and want to digitalise the construction supply chain

HaulHub, a boston-based startup, just raised $30 million and thinks it can bring Cloud benefits to the construction supply chain.

This cloud-based solution provides a suite of tools to better manage all stages of the expedition of materials to construction sites, from the extractor to the final delivery.

Its suite of tools includes, for example, HaulHub Field which optimizes the flow of trucks on construction sites or HaulHub Carrier which helps to manage pay slips and track income online. The platform is designed to offer a unique management platform to producers, transporters and promoters specialized in materials supply.

According to its own data, HaulHub solutions would be implemented in more than 20 000 job sites in the world. The start-up works with big manufacturers and suppliers like Aggregate Industries (part of Lafarge Holcim).

The global construction software market (including cloud tools and web-based platforms) is set to reach $2.7 billion in 2023 according to a study from Market research future with an 8 % increase per year.

The digital construction documentation platform Plan Radar raised €30 million

PlanRadar software allows developers to document construction projects and communicate precisely on the progression of job sites to the stakeholders (contractor, tradesmen…).

The solution uses digitized plans to allow the implementation of an easy ticketing system on tasks to do on the jobsite. The ticket is directly assigned to the responsible person who receives an automatic notification.

PlanRadar states it’s helping its customers save 7 hours in administrative time each week and a combined €500m in costs saved by all its customers.

Compared to other solutions already on the market, PlanRadar focuses on simplifying plans and ticketing. Other solutions like Resolving have a more 360-degrees-approach of project management in construction including extra features like quality check and reporting.

The global construction project management software market could reach $2.2 billion in 2028 according to a study from Market.us, growing at a yearly rate of 6.2%.

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