Home » Singapore’s Frontline Industrial Software raises $700k in seed funding

Singapore’s Frontline Industrial Software raises $700k in seed funding

by Liam Turner
Frontline Industrial Software founders Ruiqi Ding and Luis Martinez

Construction planning simulation and optimisation platform Frontline Industrial Software has raised $700,000 (c.£550,000) in seed funding to help it “revolutionise” construction planning with its proprietary simulation and optimisation software.

The Singapore-based firm’s software uses artificial intelligence to identify the most efficient and cost-effective construction plans for complex infrastructure, civil, energy, industrial, and residential projects.

The optimisation is done in seconds instead of several hours, according to Frontline.

Construction projects often involve thousands of inter-connected activities that compete for the same resources.

Developing an optimised construction plan is therefore traditionally a very complex and time-consuming task, even for current project management software solutions.

Frontline believes the global construction industry loses up to $96bn every year due to the lack of proper project management.

Luis Martinez, CEO and co-founder of Frontline Industrial Software, said: “Frontline’s ‘plug-and-play’ solution seamlessly integrates into the existing work processes of construction companies and uses existing data to deliver insights that were simply not available before.”

Frontline’s software is already being used by international construction companies in the infrastructure, energy, and residential sectors.

Will Klippgen, managing partner of Cocoon Capital, which lead the seed round, said: “We are excited to support the Frontline team as they continue to drive innovation in the construction industry.

“With the estimated $26bn global construction technology market by 2027 and the widespread adoption of digital productivity solutions by over 80% of construction companies, a substantial market gap awaits smart software that optimises project execution.”

Image: Frontline Industrial Software founders Ruiqi Ding and Luis Martinez

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