Foundamental

Speckle Raises $12.5M to Revolutionize AEC Data Collaboration 🚀 While others talk about the future of construction, Speckle is already building it. From day one, we’ve supported Dimitrie, Matteo, and the entire team, and now they’ve secured a game-changing $12.5M Series A round. Led by Addition, with participation from Matrix and Frontline Ventures, this funding is set to supercharge the AEC industry's data management revolution. As the first-ever data hub for AEC, Speckle is tearing down silos and enabling seamless collaboration. Their platform delivers smarter workflows and true data connectivity for engineers, architects, and developers. This isn't just better software—it's a catalyst for faster, smarter, and more creative teamwork. The fresh capital will power Speckle's ambitious plans: 1. Speckle for Teams: Launching Workspaces to close communication gaps with robust project and workflow management. 2. Enhanced Connectivity: Upgrading connectors for smoother data exchange across CAD, BIM, and GIS applications. 3. Workflow Automation: Introducing Speckle Automate, bringing CI/CD to AEC and paving the way for AI-enhanced collaboration. Already trusted by industry giants like Arup and Mott MacDonald, Speckle's open-source roots run deep. With Foundamental's unwavering support since inception, Speckle is now primed to redefine AEC collaboration globally. Congrats to the entire Speckle team for reaching this major milestone! Bold ideas need bold execution. Speckle's got both in spades. 🚧 #SeriesA #Speckle #AEC #DataCollaboration #BuiltWorld #Foundamental #3D #Funding #VC

Hear our Patric Hellermann and Shubhankar Bhattacharya debate the smartest burn strategies for founders in AEC and supply chains. “The best founders in AECS break down burn across P&L and CF/BS by product line, geography, or business unit. This allows you to allocate resources where they belong, and cut resources where they hurt your business” #startup #constructiontech #contech #aec #founders

Big Congrats to Christian, Sebastian and the entire team at VARM for successfully raising €5.7 million seed funding round! The Team's mission of empowering workers to start scalable businesses in the insulation space strikes a chord to millions of installers across Europe, and we are excited to see that vision come to life with their comprehensive business-in-a-box solution! Pale blue dot | Emerge | noa (formerly A/O) | Mario Barosevcic | Heidi Lindvall | Gregory Dewerpe | Patric Hellermann | Jess Clemans | Arjun Jairaj | Sebastien Michaud | Chris Steden | Moritz Kötter | Sebastian Franzen | Abrish Sabri | Tatiana D. | Mauritz Koch | Leif Flemming | Sencan Safak

Tune in to hear Patric and Shubhankar discuss: >> Seasonal patterns in AEC: monsoons, holidays, and religious observances >> Construction software sales paradox during peak building months >> Fiscal year-end budget rushes driving AEC technology purchases >> Diversification strategies for AEC startups to counter seasonal fluctuations >> Temperature-driven demand trends in energy renovation services

Our founding GP Patric Hellermann chatting in depth with Bricks & Bytes’ very own Martin and Owen about the implications of the West’s Electrify Everything agenda on construction of infrastructure. Tune in, it does have some juicy takes. #infrastructure #contech #construction #technology

Tune in on our GP Patric Hellermann's discussion with Andreas Munk Holm at EUVC  on the distinction between #contech and #proptech, as well as the reasons behind our investment thesis at Foundamental. We have spent the last five years learning to identify category-creating companies in an industry which has historically not seen a speedy rate of tech adoption until recently. The reasons to be excited are many; Andreas and Patric provide a distinctive summary of such reasons. Thank you Patricia Borlovan for summarising it in written form! https://lnkd.in/eNGTGHsb

Our colleagues Patric Hellermann and Shubhankar Bhattacharya elaborating on what we call the era of outcome-as-a-service. And why OaaS fits perfectly to construction-tech and AEC-Tech. Give it a read or listen - both below.👇

Detailed research and inside scoop by our investor Fabio Bronzin on our #india and broader #asia team: India's chemical manufacturing industry is projected to triple its global market share by 2040. The specialty chemicals segment stands out as the most robust, consistently showing a net trade surplus, driven by competitive labor costs and a favorable business environment. Ambitious #founders are seizing this opportunity by building #B2B contract manufacturing marketplaces, providing R&D, quality assurance, and working capital financing to make SME manufacturers export-ready.

Congrats to Geoffroy Henry and the entire team at Ofload for successfully raising $31m in financing, and the launch of Australia's first fully automated Carbon Analytics Platform for supply chains! Excited to see Ofload setting a new industry benchmark for Australian businesses to place more focus on their environmental impact! https://lnkd.in/eKpkJ9Ts

If you're founding, building or investing in the built world, a must listen. Our colleague and GP, Patric, breaks down and distills the space (and where we look/find “white-truffles” as an investor) down to the atomic level. Awesome work from Owen and Martin from Bricks & Bytes for putting this together! https://lnkd.in/ecQxXg5E