Episode

“VC is rocket fuel. Do not spend it on a Fiat 500. Only put very expensive rocket fuel if you’re actually building a rocket.” In today’s episode of Bricks, Bucks and Bytes, we got to learn about Speckle’s recent Series A raise, showcasing the renewed liquidity in early-stage funding for 2024. We also discovered that the construction tech sector saw impressive growth in seed stage funding sizes during Q3 2023, signaling a positive shift in the market. Plus, we gained invaluable insights from Patrick Hellermann on what really makes VCs tick when it comes to investing in startups. Tune in to find out about: ✅ The magic “100x potential” that VCs are looking for ✅ Why information asymmetry is your secret weapon between fundraising rounds ✅ How to leverage social validation to your advantage ✅ The power of building a rockstar team to secure funding Listen to the full episode on Spotify and arm yourself with the knowledge to make your next pitch irresistible! Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/

Speckle’s $12.5M Series A: A Game-Changer for AEC Data Infrastructure In today’s episode of Bricks, Bucks and Bytes, we got to learn about Speckle’s impressive $12.5 million Series A funding round, led by Addition, to build the first data hub for the AEC industry. We also learned about Rexel’s rejection of an unsolicited $8.5 billion takeover bid from QXO, signaling potential shifts in the building materials distribution landscape. Additionally, we gained insights into Patrick Hellermann’s framework for evaluating potential investors, emphasizing the importance of avoiding detrimental influences over perceived value-add. Tune in to find out about: ✅ Speckle’s open-source approach to AEC data infrastructure ✅ The potential impact of QXO’s ambitious plans on the building materials distribution sector ✅ Key considerations for startups when evaluating corporate investors ✅ The importance of prioritizing non-interference and quality input from investors Listen to the full episode on Spotify to dive deeper into these fascinating topics in construction tech and venture capital.

From AI-powered construction sales to billion-dollar air taxi gambles: Inside the high-stakes world of tech funding! In today’s episode of Bricks, Bucks and Bytes, we got to learn about Building Radar’s impressive €6.5 million funding round from Social Capital, powering their AI-driven sales automation software for the construction industry. We also dove into Foundamentals’ Q3 update on AEC Tech funding, revealing that total cumulative VC funding for construction tech has hit a whopping $35 billion – triple the 2019 level! Plus, we had a heated discussion about Lilium, the German air taxi startup seeking a controversial bailout after burning through millions. Tune in to find out about: ✅ How Building Radar is revolutionizing sales in construction ✅ The surprising increase in construction tech’s share of overall VC funding ✅ Why some VCs are calling for government bailouts (and why it’s raising eyebrows) ✅ The ethics of venture capital in high-risk, high-reward industries Ready for a deep dive into the world of construction tech and VC drama? Hit play on Spotify and join the conversation! ——————————————– Company Mentioned: Building Radar Lilium SpaceX Tesla WeWork ————————————– Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe