London-based AI construction technology startup Nodes & Links has raised £9.5 million in a Series B funding round. The investment aims to support the company’s expansion in infrastructure and data center projects while enhancing its AI-driven project management capabilities.
The company develops AI-powered tools that integrate project data, automate reporting, and provide real-time insights. These tools are designed to improve efficiency, reduce delays, and enhance sustainability in large-scale construction projects.
Addressing Inefficiencies in Construction
Nodes & Links’ technology enables construction teams to anticipate potential challenges and optimize decision-making. CEO Greg Lawton noted that the construction industry continues to rely on outdated processes, leading to inefficiencies. The company’s AI-based approach seeks to address these issues by providing proactive solutions for project management.
A recent collaboration with Turner & Townsend demonstrated the technology’s impact. Nodes & Links automated program management tasks on a data center project, reducing processes that previously took days to just seconds.
Industry Adoption and Investment
Engineering and infrastructure firm AECOM has incorporated Nodes & Links’ technology as part of its sustainability strategy.
The Series B funding round was led by ETF Partners. The investment will support the startup’s efforts to expand its AI solutions and strengthen its position in the construction technology sector.
ETF Partners’ Lucy Rands highlighted the company’s practical approach to AI adoption in construction, emphasizing its role in addressing industry challenges.
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By Proptechbuzz
By Ravi Kumar