Author name: Owen Drury

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. INDUSTRY INSIGHTSInside Ediphi: 10 Game-Changing Lessons for Construction Tech Today we release our deep dive Super Series with Ediphi. 4 hours of interviews with Ediphi’s founders, Dustin Devan & Mike Navarro, diving into: The Founders Story (incl Dustin’s previous large-scale exit) The Landscape Of Estimating Tools Ediphi’s Product How To Build Great Construction Tech Companies In this newsletter, we share 10 things we learnt about pre-construction & estimating, and building preeminent construction tech companies: 1. Pre-Construction is More Than Just a Phase The traditional view of construction phases (design → pre-construction → construction) is fundamentally flawed. Pre-construction encompasses the entire process from initial concept through design, and it’s arguably more important than construction itself. A project with strong pre-construction is far more likely to succeed than one without, regardless of how well it’s built. 2. The Problem with Current Estimating Tools The four major incumbent estimating solutions (Winest, Sage Timberline/300, CostX, and Beck DESTINI) were all founded before 2010, with most dating to the 1990s. They’re desktop-based applications often running through Citrix, creating significant accessibility and collaboration challenges. This aging technology stack is holding back innovation in pre-construction.  3. The Data Challenge in Construction Tech While AI and machine learning show promise, the construction industry faces a fundamental data quality problem. Most historical project data is trapped in siloed systems, inconsistently formatted, or difficult to access. The focus should be on creating standardized data structures and workflows before attempting to implement AI solutions. Power reliable estimates with historical data – all in one place  4. The Evolution of Construction Tech Adoption The construction technology landscape is maturing, with companies becoming more strategic about their tech investments. Rather than pursuing full-scale implementations immediately, many are starting with focused pilots in specific departments or regions, then expanding based on demonstrated value. 5. The Power of Connected Systems One of the biggest inefficiencies in pre-construction is the disconnect between different processes and tools. A truly effective platform needs to connect conceptual estimating, cost modeling, detailed estimating, and buyout into a single, seamless workflow. This enables better decision-making and reduces the risk of errors or miscommunications.  6. The ROI of Modern Pre-Construction Tools Forward-thinking contractors are seeing significant productivity gains from modern pre-construction tools. Early adopters report up to 25% more revenue per estimator, demonstrating that the right technology investment can drive substantial business value. Lessons in Building Construction Tech Companies: The Ediphi team’s recent Scottsdale offsite 7. Meet the Industry Where It Is Construction tech founders need to balance innovation with practicality. While the end vision might be revolutionary, successful adoption requires meeting users where they are today and gradually introducing more advanced capabilities. You can’t expect users to make dramatic changes to their workflows overnight. 8. Build a Team That Understands the Problem In construction tech, having team members with direct industry experience is crucial. Almost all of Ediphi’s full-time employees come from either construction or construction technology backgrounds. This deep industry knowledge helps ensure the product truly solves real problems and speaks the language of its users. 9. Focus on Customer Success Early During the early stages of a construction tech company, founders should be heavily involved in customer implementation and success. This direct engagement helps build trust, provides invaluable product feedback, and creates reference customers for future sales. As one founder noted, “Now is the best time to engage with us because you can get access to everyone.” 10. The Importance of Strategic Product Development Construction tech founders should have a clear vision of what they need to build next, rather than simply responding to customer requests. While customer feedback is valuable, it needs to be filtered through a strategic lens. As Dustin DeVan notes, “If you’re that early and don’t know what you need to build next, you’re going to build a completely non-strategic roadmap.” It’s nearly impossible to distill the insights into 10 key lessons. So, watch the full series to dive into one of the best-founding teams and products in the industry. Watch the full series here👇👇👇 Super Series with Ediphi WEEKLY MUSINGSShepherd Savings, Fixed Costs, AI Hype Data-driven insurance Bhragan Paramanantham on LinkedIn: 2 years ago, Shepherd Insurance noticed this curious fact about Procore Technologies users. Back in 2022, actuarial firms were being hired by construction… | 13 comments on LinkedIn Unlocking profitability through fixed costs Fixed Costs, Q4 Milestone, And AEC Tech Insights While our industry loves paying for things that scale with revenue, the real magic happens when companies can turn those variable costs into fixed ones. We’ve got some fascinating data about this, plus the latest on Q4 funding and web traffic trends that might surprise you. AI is mainstream. Now what? Connor Johnson on LinkedIn: Time for the talk… Why does he think he needs to schedule it? Some would say AI hype has gone too far. Even your parents are talking about #AI. OUR SPONSORS BuildVision — streamlining the construction supply chain with a unified platform for contractors, manufacturers, and stakeholders. Powered by beehiiv

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. This Week’s Quickfire BytesFuel your curiosity with this week’s contentW/C 20th January 2025 NEW EPISODESFrom SpaceX to Rail: How One Veteran is Fixing America’s Supply Chain Crisis Kevin Damoa, founder of Glid, is revolutionising freight transport by tackling the industry’s biggest pain point: the costly and time-consuming transload process between rail and road. Tune in to learn why transloading a single container can cost up to $2,500 and add weeks to shipping times, how ports like Rotterdam handle 3x the capacity of U.S. ports through automation and why trains won’t move until they’re 2 miles long (and what that means for your shipping costs). open.spotify.com/episode/0Hm9zF6K88YitaRd0BWuuI The £6.5 Million Factory Secret: How Artic Increased Production Without Spending More Recently, we were invited to the BOOST cohort from Suffolk Technologies where we had a chance to interview Tom and Ross, co-founders of Artic. We gained insights into their innovative factory-to-site logistics approach and how they are addressing the challenges of modular construction. Find out how Artic is bridging the gap between manufacturing and construction, creating more efficient workflows, why predictability and control are crucial when more construction happens offsite and how they’re addressing quality control all the way from the factory to the final installation on site. open.spotify.com/episode/6sQaPCGVUUnTzXtnZgoQYa Why Brick & Mortar is Going Global – Construction Tech Investing In India, Europe & Beyond Alice Leung from Brick & Mortar Ventures shares fascinating insights about construction tech investing, global expansion, and what’s happening in different markets. Tune in to find out why construction tech startups are increasingly launching outside Silicon Valley, especially in Europe and India, how construction tech in India feels like the US market did 6 years ago – and why that’s exciting and why mega-funds might not be the best thing for construction tech right now. open.spotify.com/episode/6jjxS3ECVeHP3VfpoJqXdr The Truth About 3D Printed Homes: A Deep Dive Into ICON’s $450M Technology In this episode, we learn that despite being a $2B company, ICON’s 3D-printed homes only show a tiny 0.5% carbon advantage over regular timber construction. We also explored why Q4 2024 was special for construction tech – it grabbed nearly 1% of all VC funding, the second-highest share ever. Even more impressive given that 2024 saw the lowest overall VC funding since 2014. open.spotify.com/episode/0LrJcvaeC1Tx9pD68VPjof The $12M Factory That Could Fix America’s Housing Crisis: How Cuby Plans to Build 55,000 Homes Annually Aleksandr Gampel, co-founder of Cuby, shares how he and his team are transforming new home construction with their Mobile Micro-Factories (MMFs)™ – a plug-and-play $10M solution that can manufacture and assemble 200 homes annually at $100 per square foot. Tune in to find out why decentralized manufacturing is the key to solving housing shortage, how they achieved 400,000 engineering hours at 1/10th the cost by leveraging Eastern European talent and why venture capital might be the wrong funding source for construction tech open.spotify.com/episode/1nJ1hfHqDjKTBPQFwfrq9x View All Podcasts BRICKS & BYTES BULLETINHow Cuby’s Contrarian Approach is Reshaping Construction’s Future Recently, we have been speaking to a number of different companies that are tackling the housing shortage. A lot of technology, time and effort has been invested into new methods of construction from pre-fabrication through to modular construction, robotics, digitsation and everything in between. One thing we have only very briefly come across is the idea of mobile micro factories. In short, these are small factories, setup near where a large homebuilding project is being undertaken. Inside the factory a team of workers fabricate the building components which are then palletized and sent to the construction site. This, in our opinion, is one of the most exciting technologies that enable homebuilding. We’ve seen the continued failure of solutions like modular and we feel the guys at Cuby are truly onto something. In this article, we’ll explore Cuby’s thesis and technology and and why sometimes the most powerful innovations are the ones that work within existing constraints rather than trying to break them entirely. Let’s dive in: Read Full Article 2 FAVORITE QUOTES: “You have to make a lot of mistakes very, very quickly and constantly. And so long as those mistakes are 49% and the things you get right are 51%, that’s how you win.” – Aleksandr Gampelon on startup success “Every company is either adding on some type of AI related thing or now pitching as an AI company… you almost have to discredit AI in some sense.” -Alice Leung expressing skepticism about AI hype LATEST STORIES Unlocking Labour Productivity in Construction: A Case Study of Reframe Systems’ Approach Learn how Reframe Systems is revolutionising construction labour productivity through software-defined manufacturing and intelligent process optimisation. Three Pillars of Effective Startup Leadership: Insights from a Second-Time Founder Discover key insights from a second-time founder on building successful teams: shared vision, laser-sharp focus, and talent acquisition as pillars of effective leadership. The J-Curve and Contech: Managing Expectations for Long Sales Cycles Learn how construction tech startups navigate the J-curve and long sales cycles, with insights from Ediphi co-founder Dustin DeVan. View More Articles BONUS CONTENTWhat Are Investors Betting On? OUR SPONSORS BuildVision — streamlining the construction supply chain with a unified platform for contractors, manufacturers, and stakeholders. Powered by beehiiv

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. INDUSTRY INSIGHTSHow Cuby’s Contrarian Approach is Reshaping Construction’s Future Recently, we have been speaking to a number of different companies that are tackling the housing shortage. A lot of technology, time and effort has been invested into new methods of construction from pre-fabrication through to modular construction, robotics, digitsation and everything in between One thing we have only very briefly come across is the idea of mobile micro factories. In short, these are small factories, setup near where a large homebuilding project is being undertaken. Inside the factory a team of workers fabricate the building components which are then palletized and sent to the construction site. This, in our opinion, is one of the most exciting technologies that enable homebuilding. We’ve seen the continued failure of solutions like modular and we feel the guys at Cuby are truly onto something. In this article, we’ll explore Cuby’s thesis and technology and and why sometimes the most powerful innovations are the ones that work within existing constraints rather than trying to break them entirely. Let’s dive in: The construction industry has a serious problem. There aren’t enough workers who want to swing hammers, and costs keep rising.  The typical solution? Build massive factories to automate everything. But Cuby, an innovative construction technology company, sees things differently.  They’re pioneering a radical new approach with mobile micro-factories that bring manufacturing directly to where homes are being built. The Problem with Traditional Solutions Most construction tech companies follow a familiar playbook.  They raise hundreds of millions in venture capital, build enormous factories, and try to reinvent construction from the ground up. These gigafactories, often costing $50-100 million each, produce modular homes or building components that get shipped thousands of miles to construction sites. This approach has consistently failed.  The feedback loop is too slow, transportation costs are high, and when something goes wrong, it’s incredibly expensive to fix. More importantly, the construction industry is notoriously conservative. Radical changes to building methods face enormous resistance from regulators, contractors, and developers. A Different Way of Thinking Cuby’s approach starts with three contrarian principles that challenge conventional wisdom.  First, they believe in decentralized manufacturing. Instead of one massive factory, they deploy smaller $12 million mobile micro-factories that service a 150-mile radius. This keeps manufacturing close to construction sites and allows for rapid feedback and adjustments. Second, they don’t try to reinvent construction itself. The end product looks exactly like a traditionally built home. This matters because it works within existing regulatory frameworks and doesn’t require contractors or developers to change their fundamental approach. The innovation happens behind the scenes, in the manufacturing and assembly process. Third, and perhaps most importantly, they focus on being cheaper than traditional construction from day one. While many startups follow the Tesla model – start expensive and work down – Cuby believes construction technology must be cost-competitive immediately. They’ve achieved costs around $100 per square foot, making their approach viable for mainstream adoption. Inside the Mobile Micro Factory Cuby’s Mobile Micro-Factories (MMF)™ are transforming new home construction, mirroring the impact of Henry Ford’s assembly line in the automotive industry.   Each Cuby factory employs about 265 people across two shifts. This includes both factory workers and field assembly teams. The key innovation isn’t just the factory itself – it’s how they’ve redesigned the entire construction process to work with primarily unskilled labor. The system uses software to break down complex construction tasks into simple, repeatable steps. Workers rotate between different stations, guided by detailed digital instructions. This flexibility means the factory can adjust its workforce based on demand, something traditional construction struggles with. A single factory can produce about 200 homes annually. The operation combines off-site component manufacturing with on-site assembly, all orchestrated through sophisticated software systems. They’ve essentially extended lean manufacturing principles from the factory floor to the construction site. What This Means for the Industry The implications of Cuby’s approach extend far beyond just building homes more efficiently. Their model suggests a new way forward for construction innovation – one that works within existing industry constraints rather than trying to demolish them. For developers and builders, particularly smaller operations that build 20-50 homes annually, this could level the playing field with large national builders. The economics of a mobile micro factory make sense at a much smaller scale than traditional prefab approaches. For construction workers, this model creates new opportunities that don’t require years of specialized training. It’s a potential solution to the skilled labor shortage that doesn’t rely on full automation. The most exciting aspect might be the scalability.  Cuby plans to deploy 275 factories over the next decade, each serving a local market. If successful, this could fundamentally change how we think about construction manufacturing. The key lesson here isn’t just about mobile factories or construction technology. It’s about the power of questioning industry assumptions. Sometimes the best innovations don’t come from revolutionary new technologies, but from rethinking how we deploy existing ones. By keeping manufacturing local, preserving traditional construction methods, and focusing relentlessly on costs, Cuby has created a model that could actually work in an industry notorious for rejecting change. That might be the most revolutionary thing about their approach. For industry professionals watching this space, the takeaway is clear: sometimes the most effective innovations are the ones that work within existing constraints rather than trying to break them.  Check out the full episode with Aleksandr Gampel👇👇👇 Watch Episode   WEEKLY MUSINGSHard Lessons, Finnish Innovation, India’s Industrial City   The realities of construction tech investing What Construction Tech Investors Regret Most About Their Deals Ever wondered what keeps construction tech investors up at night? We’ve all heard about the flashy success stories, but today we’re diving into something different – the regrets and hard lessons learned in the trenches of construction tech investing. With over $34.   Finnish innovation in action Tomi Pitkäranta

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. This Week’s Quickfire BytesFuel your curiosity with this week’s contentW/C 13th January 2025 NEW EPISODESBuilding Mercator: From 90 Investor Pitches in 3 Weeks to Changing How Contractors Find Projects Chloe Smith shares her journey of building Mercator, a construction tech startup that’s changing how contractors find early-stage project opportunities. Discover their unique approach to product development through an intensive beta program with general contractors, how they built their own “accelerator” by carefully selecting operator-investors and why Mercator focuses only on Texas (for now) and how they plan to expand. open.spotify.com/episode/35vG1bgd7ABPsWZJIcg4Cj Building a €450M Construction Tech Giant: How Philip Schröder’s Marketing Built Germany’s Latest Energy Tech Giant We explored 1KOMMA5°’s impressive €150M pre-IPO round and their unique approach of acquiring 30+ companies since 2021 to scale their energy tech business. We also learned about an intriguing debate around whether companies can call themselves “market leaders” in Germany, sparked by a court case between 1KOMMA5° and their competitor. open.spotify.com/episode/3k6tOyZlamT7EjZ1JVXYNa From $500M E-commerce Exit to Transforming Construction: How 011H is Building High-Rise Residential Buildings 30% Faster Lucas Carné, co-founder of 011H and former founder of Privalia (sold for $500M), shares insights on revolutionizing construction through digital innovation and sustainability. Discover why 011H chose to be asset-light when most construction tech companies fail by investing heavily in manufacturing facilities, how they’re achieving 30% faster project delivery while maintaining quality through their design-build approach and the strategy behind tackling high-rise buildings first, contrary to conventional wisdom. open.spotify.com/episode/4txdfnGDovQ0yl4BHIvk60 View All Podcasts BRICKS & BYTES BULLETIN How a €500 million exit led to the birth of a “Neo Builder” 011H a Spanish “Neo builder” is taking an unconventional approach to revolutionizing high-rise residential construction. Founded by Lucas Carné following his €500 million exit from e-commerce company Privalia, 011H isn’t your typical construction company.  They don’t own manufacturing facilities. They don’t participate in traditional bidding processes. Instead, they’re building a digital platform that connects and coordinates the entire construction ecosystem. Read Full Article 2 FAVORITE QUOTES: “It’s all theory unless you get results.” – Lucas Carné quoting one of 011H’s core values “It’s almost like using a marriage registry as a dating app.” – Chloe Smith comparing traditional bid management tools to their early-stage approach LATEST STORIES Nuclear Power: A New Frontier for Contech? Explore how modular nuclear power plants are reshaping construction technology, with insights into Last Energy’s innovative approach to power generation. The Hidden Cost of Venture Capital: Understanding Liquidity Preference Explore how venture capital’s liquidity preference impacts founder exits and why taking more VC funding isn’t always the path to higher founder returns. Learning from Space: Applying Lean Startup Principles to Contech Discover how lean startup principles for construction tech can drive success. Learn capital efficiency strategies from space industry veterans building hardware startups. View More Articles BONUS CONTENTWhat Are Investors Betting On? OUR SPONSORS BuildVision — streamlining the construction supply chain with a unified platform for contractors, manufacturers, and stakeholders. Powered by beehiiv

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. INDUSTRY INSIGHTSHow a €500 million exit led to the birth of a “Neo Builder” 011H a Spanish “Neo builder” is taking an unconventional approach to revolutionizing high-rise residential construction. Founded by Lucas Carné following his €500 million exit from e-commerce company Privalia, 011H isn’t your typical construction company.  They don’t own manufacturing facilities. They don’t participate in traditional bidding processes. Instead, they’re building a digital platform that connects and coordinates the entire construction ecosystem. The Batman Approach 011H sees itself as the Batman of construction – a superhero without superpowers who relies on technology to make a difference.  “We don’t pretend to be better architects than any good architect or better on-site manager than any good on-site manager,” explains Carné. “We’re here to democratise these roles through software.” This philosophy manifests in their unique structure. Half of 011H consists of a software factory – developers, DevOps engineers, and product managers working alongside architects, structural engineers, and project managers. This dual expertise allows them to bridge the gap between digital innovation and practical construction knowledge. Breaking Down Traditional Silos The company’s approach centers on four key elements: maximizing prefabricated solutions, using low-carbon materials, integrating design and build processes, and comprehensive digitalization. But what sets them apart is how they’ve woven these elements together through their platform. Traditional construction often suffers from disconnected processes.  Architects design buildings without deep consideration for manufacturing constraints. Contractors bid on projects without early input into the design. Suppliers remain isolated from the planning process. 011H’s platform breaks down these silos by connecting all stakeholders from day one. Their system allows architects to access a curated catalog of prefabricated solutions directly through Revit plugins. Engineers can verify connections and compliance in real-time. Project managers can coordinate just-in-time delivery of components. It’s a digital thread that runs through the entire construction process. BEFORE WE CONTINUE… Bricks, Bucks & Bytes Live Join us for Bricks, Buck$ and Bytes live – your weekly deep dive into the AEC technology markets, funding, and industry trends. 📊 This Week’s Featured Topics:– Key News: ICON cuts staff by 25%– Investor’s Take: The state of AEC-Tech in Q4 2024– Weekly Q&A Date: Every Thursday Duration: 50 minutes. Location: LinkedIn Live, YouTube, Riverside. Register now to join us live👇👇👇   More Details Here The Results Speak for Themselves While 011H’s approach currently results in slightly higher hard costs (4-5% above traditional construction), the benefits are compelling. Projects move 30% faster than conventional builds. For rental properties, this speed translates to a four-point improvement in IRR. Quality improves too, thanks to the controlled conditions of prefabrication. The platform particularly shines in the design phase. “From the first day to permit submission, we can do that in six weeks,” says Carné. “In a conventional process, you’re looking at around 18 weeks.” This efficiency comes from standardized processes and digital tools that automate routine tasks while enabling creative freedom where it matters. Beyond Traditional Construction 011H isn’t just digitising existing processes – they’re reimagining the entire construction business model. Their vision is to become a platform where developers can find turnkey projects, architects can discover verified solutions, and contractors can access proven supply chains. Think of it like Amazon’s evolution from retailer to marketplace.  011H aims to create a construction ecosystem where they don’t need to own manufacturing facilities or employ every tradesperson. Instead, they provide the digital infrastructure that enables efficient collaboration and guaranteed outcomes. This asset-light approach sets them apart from failed construction tech startups that invested heavily in manufacturing facilities. “Some of them lacked humbleness,” reflects Carné. “They thought they would build buildings like Apple does iPhones, but construction is different. Every location is different, every land is different, every building code is different.” At 011h, DevOps team, Oriol Bech and Oriol D., blends greener materials with automation and cutting-edge tools to build a smarter, greener construction industry.   The Trust Factor Perhaps the most innovative aspect of 011H’s platform is how it addresses construction’s trust deficit. The industry is notorious for adversarial relationships between stakeholders. 011H’s digital tools provide transparency and real-time data that help build trust through visibility. Their lean construction management software, called “Builder,” has proved so effective that other contractors are now licensing it for their own projects. It transforms the traditional post-it note planning system into a digital tool that coordinates trades, tracks progress, and prevents conflicts. Looking Ahead 011H is proving their model in Spain’s residential sector before expanding to France and other European markets. They’re focusing on high-rise buildings in urban areas – not because it’s easier, but because that’s where the biggest impact lies. “The big problem of affordability, at least in Europe, is in the high-rise building segment because it’s in the urban and pre-urban locations,” explains Carné. By tackling the most challenging segment first, they’re building capabilities that will transfer to other building types. For construction professionals watching 011H’s progress, the key takeaway isn’t just about technology. It’s about rethinking how construction projects can be delivered. Their platform approach suggests a future where construction becomes more collaborative, more transparent, and more efficient – not through any single innovation, but through better coordination of existing capabilities. Check out the full episode with Lucas Carné👇👇👇 Watch Episode WEEKLY MUSINGSHuge Milestones, Success Rates, Construction Sales   A proud moment Jeevan Kalanithi on LinkedIn: This stat is, at least for me, insane and awesome. When we started — not so long ago, really — we would monitor each video capture to make sure all was going…   Sequoia’s track record   Flex of a lifetime   — AEC Technology Guy (@AEC_Tech_Dash) 8:00 PM • Jan 9, 2025   Selling to construction Perryn Olson, FSMPS, CPSM, CCMP on LinkedIn: “Construction companies don’t just buy software, they buy outcomes.”   OUR SPONSORS BuildVision — streamlining the construction supply chain with a unified platform for contractors, manufacturers, and stakeholders.

Want to go deeper? Join our Patreon community for exclusive, not publicly available content and support the future of architecture, engineering, and construction. This Week’s Quickfire BytesFuel your curiosity with this week’s contentW/C 6th January 2025 NEW EPISODESFactories in Shipping Containers to Build Houses – Facit Homes Bruce and Oliver from Facit Homes and Facit Technologies share their journey of revolutionising home construction through digital fabrication and micro-factories. Find out why micro-factories are winning over traditional modular factories, how Facit grew without external investment for 15+ years, the real cost comparison: £2,400 vs £120,000 per house in factory overhead and why software alone can’t solve construction’s biggest challenges. open.spotify.com/episode/55Nr799TnZsew4vuGIPIdl A Product Manager’s Guide to Building Hardware for Construction Sites – Emidio Piermarini Emidio Piermarini talks about the challenges of product management in construction tech, the importance of physical solutions for physical problems, and the value of embracing negative feedback. Find out how Converge is revolutionizing precast concrete tracking, the limitations of software-only solutions in construction and the potential for performance-based contracts in construction tech. open.spotify.com/episode/77XxXfI8BO7in9BcH4kvb9 Building a $1.6B Construction Tech Company in Australia – Lessons on Distribution vs Product We discussed VisiBuild securing a $6.6M round from Skip Capital to improve construction quality checks – going beyond just turning paper into apps. Tune in to learn why the “build it and they will come” approach fails in construction, how Australian founders turn their small market size into a global advantage and what makes construction tech distribution different from regular SaaS. open.spotify.com/episode/7zLGm1pmw9dbPnUoQleFRu View All Podcasts BRICKS & BYTES BULLETIN The Global Construction Tech Race: Lessons from Australia’s Success Welcome back to the real world. 2025 has begun! And this week, we’re going down under. Just before Christmas, we spoke with Shubhankar Bhattacharya of Foundamental, tune into the episode here. In this episode, we discussed: • How Autodesk masterfully dominated the construction software market through universities – and what we can learn from their distribution genius • The surprising story behind Australia’s unicorn success • VisiBuild’s recent $6.6M raise – a masterclass in sustainable growth • The truth about SaaS metrics in construction tech: Why traditional benchmarks might be misleading us And, having spoken to a few incredible Aussie founders in December, we decided to go a little deeper into our discussion on Australia. Good day mate! Read Full Article 2 FAVORITE QUOTES: “There is no better person to test your ideas with than a Chinese contractor. A Chinese contractor will absolutely wail you with feedback in the face and tell you direct, negative feedback.” – Emidio Piermarini on handling feedback in construction tech “Your general VC, they seem to be interested in software, software, software… you know, like replicating Silicon Valley.” – Oliver Thomas on VCs’ narrow focus LATEST STORIES Targeting the Underserved: Shifting Focus from GCs to Trades and Subcontractors Discover why construction tech for subcontractors represents a massive untapped opportunity. Learn how targeting trade contractors over GCs could lead to faster growth and better ROI. Construction Technology IPOs: A Global Market Perspective Explore the emerging landscape of construction technology IPOs, focusing on promising candidates in Western markets and India’s booming construction tech sector. The Changing Tides of Venture Capital: Understanding the Factors Driving Startup Success and Failure Explore the changing tides of venture capital. Insights from VC Patric Hellermann on the factors driving startup success and failure in today’s evolving landscape. View More Articles BONUS CONTENTWhat Are Investors Betting On? OUR SPONSORS BuildVision — streamlining the construction supply chain with a unified platform for contractors, manufacturers, and stakeholders. Powered by beehiiv