A-bobA stockholm-based Contertup earns AI to ensure AI’s consent with the construction rule, securing $ 2 million for new funds, making it more than $ 1 million after its establishment just one year after its establishment.
VC Farm Capitalt is the top of the investment round. Other investors include fund F, which focuses on investment in female-founded companies, a German initiative capital company that is specialized in the construction industry and an elected group of Angel investors. The new capital will be mainly used to develop products and prepare for international expansion.
“The vision of AI-Bob is a world where the defects of construction are not only reduced but are eliminated. With this new capital we can concentrate on the development of an incredible product that creates a difference in the construction and real estate industry. International investors believe us and with their knowledge and networks we can make global scales and be ready to enter the new market” Elin MartensonAI-Bob co-founder and CEO.
Elin Martenson, Peter Walberg, Ricard Sevedeenmark and Oli Ericsson are established in 2024, developing digital solutions to construct AI-Bob and the development of real estate development. Using AI to analyze the blueprints and detect defects in the millimeter-they aim to determine a new standard for a durable and innovative construction and real estate industry worldwide before real-world problems. The company was founded by Elin Martenson, Peter Walberg, Ricard Sevendeenmark and Ole Ericsson in 2024.
The idea of AI-Bob was born year after year as a property developer and a building regulation expert. He discovered that the rules were higher than the exception of the construction error and delay, resulting in widespread expensive projects and abundant unnecessary construction waste.
In Sweden alone, National Housing, Building and Planning estimate that construction errors spend $ 9.8 million annually, the equivalent of about 50k newly built apartments.
The startup has quickly established itself in the market and already has three global clients in its portfolio. Previously, AI-Bob increased $ 300k from the EB Invest and $ 130 from the Norkens Foundation.
The main investor sees the significant potential of the market at AI-Bob at the main investor: “The most fascinated us of us is how quickly AI-Bob has identified a real market problem and created a smart, effective solution. With a strong party and a clear vision, they have the potential to transform this industry. We are waiting to support their journey, which barely start,” Janeke nisenFounding partner in the Capitalt.
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