Contech Alliance

🎉 What a Night! 🎉 Last week, Contech Alliance hosted The Gift of Innovation, and it was a spectacular evening celebrating the future of construction technology. 🚀 From witnessing Mechasys’s FramR Laser Projection System in action to discovering the potential of Okibo’s Autonomous Construction Robot, attendees experienced groundbreaking tools that are shaping the industry. 🛠️🤖 The energy in the room was incredible as industry leaders, innovators, and peers came together to connect, share ideas, and toast to a brighter future for construction. We were thrilled to welcome a diverse audience, including general contractors, subcontractors, developers, engineers, venture capitalists, hardware and software solution providers, and even students passionate about construction innovation. A huge thank you to our event allies—Mechasys, Okibo, Subcontractors Trade Association (STA), and Anchin - for making this night possible. Check out the full recap video here that captures the magic of the evening! 🎥👇 https://lnkd.in/g8aGJUiy In 2025 we are keeping the momentum going!… And we are starting the year with not just fireworks! 🔥 Join Us in January for the Contech Hackathon! Who Will Rise to the Top and Claim the Grand Prize of $5,000! A two-event series where tech minds meet AEC professionals to create real-world solutions for the industry. With a $5,000 prize and groundbreaking platforms Riskcast Solutions, Gryps and Resolve who will be providing a problem statement, clean data and API connections, this is your chance to innovate and shine. Why participate? 🏗️ For Startups: Generate new ideas, identify talent, and showcase your solutions to the construction industry. 💻 For Hackers: Gain valuable exposure to the Contech space, discover new opportunities, and put your skills to the test. Work alongside industry leaders and top contech solutions to learn and innovate. 👥 For AEC Professionals: Network with tech innovators and explore cutting-edge construction technologies. 👉 Use the links below to reserve your spot today! Event Details: Build Day: January 25th, 2025 https://lu.ma/20st2roj Topping Out – Finalist Demo: January 28th, 2025 https://lu.ma/oelm3ut0 Sign up to our mailing list below to stay informed on upcoming events, resources, and opportunities to join the construction innovation movement! Sign up for mailing list here: http://eepurl.com/iTMFw-/

Excited for the upcoming Contech Hackathon! It's a pivotal moment to drive innovation and propel the evolution of tools in our industry. Hackathons emphasize not just technical expertise but also the power of multidisciplinary teamwork. Let's join forces to shape the future of construction together.

NYCEDC is launching a new initiative to create an Economic Mobility Network in two pilot locations–Sunset Park and Hunts Point–and invites nonprofit organizations to submit proposals to be the Network Operator. To learn more about this RFP visit: https://lnkd.in/e7c3scPF Responses are due no later than March 10, 2025.

🚀 Kicking Off 2025 with Innovation in Action! 🚀 🔥 Join us this January for the Contech Hackathon — where brilliant tech minds meet the dynamic AEC industry to create real-world solutions! 💡 Who will rise to the top and claim the $5,000 grand prize? This two-event series is your chance to innovate, collaborate, and shape the future of construction technology. Thanks to our groundbreaking platform allies Riskcast Solutions, Gryps, and Resolve—you’ll have access to problem statements, clean data, and API connections to fuel your creativity. Why Participate? 🏗️ For Startups: Showcase your solutions, generate ideas, and connect with top talent. 💻 For Hackers: Test your skills, gain exposure, and work with industry leaders and innovative platforms. 👥 For AEC Professionals: Network with tech innovators and explore cutting-edge construction technologies. Event Details 🛠️ Build Day: January 25, 2025 🔗 Register Here https://lu.ma/20st2roj 🏗️ Topping Out – Finalist Demo: January 28, 2025 🔗 Reserve Your Spot https://lu.ma/oelm3ut0 📩 Want to stay updated on all things Contech? Sign up for our mailing list: Join Here http://eepurl.com/iTMFw-/ Let’s shape the future of construction technology—together. Are you ready to rise to the challenge? #ContechHackathon #InnovationInConstruction #Hackathon2025 #ContechAlliance

Meet the Mortenson team. They build everything from stadiums to data centers. And they're using Meta Quest and Resolve to see their projects before they're built. On one project a single issue found in #VR saved them $25,000! And with 50 reviewers around the US participating in virtual inspections they were able to flag over 600 issues in their building model.

We're continuing to grow the sales team at Resolve! Let me know if you're interested. We have a huge 2025 ahead of us 🥽 🏗️

📣 🚨 Move aside Spotify... it's LMRE's "2024 ~ ConTech Wrapped" 😍 🎄 It's been an absolute BELTER of a year for ConTech, with no signs of slowing down as we head into the new year... Below is an overview of 2024's activities & a few thoroughly well-deserved industry shout-outs #keepcrushingit 👷♀️ 🚀 *rankings below are in no apparent order* 🏆 2024 WRAPPED ➡️ Global ConTech market: $12B in 2024, projected to reach $20B with 14% CAGR (Bricks & Bytes) ➡️ $34B in cumulative ConTech VC funding (Bricks & Bytes) ➡️ 1,017 ConTech companies with Series A or higher (Traxn) ➡️ $1.82B in equity funding across 206 rounds (Traxn) ➡️ 47 successful M&As (Traxn) ➡️ Early-Stage Resilience: Seed Rounds at All-Time High (Foundamental) ➡️ Concentration Highest in North America (Foundamental) 🏆 TOP 10* - FUNDING (*been a busy year...) 1️⃣ Trunk Tools - $20m Series A 2️⃣ Exodigo - $105m Series A 3️⃣ Constrafor - $264m investment 4️⃣ Ediphi - $12m Series A 5️⃣ Planera, Inc - $13.5m Series A 6️⃣ Outbuild - $11m Series A 7️⃣ Tough Leaf - $4.5m Series A 8️⃣ HammerTech - $70m growth investment 9️⃣ BiltOn - $15m Series B 🔟 Document Crunch - $21.5m Series B 🏆 TOP 6* - RISING STARS ( 🌱 stage or earlier) 1️⃣ Trayd: Construction Payroll 2️⃣ BuildPass 3️⃣ Parspec ( 🥁 ....) 4️⃣ Concrete4Change 5️⃣ Visibuild 6️⃣ Firmus 🏆 TOP 6* - INDUSTRY FOCUSED VCs 1️⃣ Foundamental 2️⃣ Suffolk Technologies 3️⃣ Blackhorn Ventures 4️⃣ Cemex Ventures 5️⃣ Zacua Ventures 6️⃣ Brick & Mortar Ventures 🏆 TOP 6* - VOICES OF CONTECH 1️⃣ Sasha Reed 2️⃣ Jeff Sample 3️⃣ Bricks & Bytes 4️⃣ Last Week in ConTech 5️⃣ Fred Mills 6️⃣ Tannis Liviniuk 🏆 TOP 5 - EMERGING CONFERENCES/ORGANIZATIONS 1️⃣ Women in Construction Tech 2️⃣ Slush 3️⃣ Trimble Inc. Dimensions 4️⃣ Contech Alliance 5️⃣ Blueprint: The Future of Real Estate 🏆 TOP 5 - NEW PRODUCT LAUNCHES 1️⃣ ALICE Technologies - “ALICE Core” 2️⃣ Automated Architecture (AUAR) - “pop-up Micro-Factories” 3️⃣ Kojo - “Kojo Prefab” 4️⃣ Canvas - “1200CX” 5️⃣ Buildots - “Delay Forecast & Integrated Tracking” DROP A COMMENT TO SHOUT OUT OTHERS WHO DESERVE SOME EXTRA LOVE FOR ALL THEIR HARD WORK FOR THE AECO INDUSTRY – I know the list is endless! 💌 👇 #contech #constructiontechnology

📢 Calling all emerging climate tech companies!📢 We're accepting applications for the first Pilots at BAT cohort of 2025! The Pilots at Brooklyn Army Terminal (BAT) program supports early-stage climate tech startups who are looking to demonstrate their solutions in a live, urban environment. The program is accepting applications from companies, especially in sectors like resiliency, mobility, and buildings, now through January 1st. For more information, visit: https://lnkd.in/eUSS4PyP and apply now at https://lnkd.in/ejSf-_iQ.

Always a good time at Contech Alliance with Subcontractors Trade Association checking out new tech and chatting ideas! Okibo Mechasys

Thanks to Nadav Shuruk from Okibo and Christophe Roy from Mechasys for their time today!!!