The contech startup ecosystem is booming, with investment at an all time high. Here are 10 that should be on everyone’s radar this year.
Artificial Intelligence or AI
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Architecture and DesignInfrastructure and TransportationNewsSoftware
UK researchers develop AI system to tackle traffic troubles
Long queues at traffic lights could be a thing of the past thanks to a new AI system developed by researchers at Aston University.
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Firmus applies advanced computer vision techniques to help flag design issues like missing or incorrect information.
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Versatile’s CraneView automatically collects and analyses productivity data from construction job sites using AI and IoT technologies.
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Infrastructure and TransportationNewsSoftware
Contech startup Hypervine picked for Scottish water megaproject
Scottish Water and Morrison Construction have selected Hypervine to reduce water infrastructure inefficiencies and emissions.
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GlobalInfrastructure and TransportationNewsSoftware
Israeli contech startup Ception unveils new AI system for heavy machinery
MineCept cross-references information from individual sensors, a range of image processing algorithms, and deep learning.
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This latest round brings total investment in the construction imaging startup to $157m this past year, bringing the total valuation to $902m.
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Lithuanian road company has joined forces with Thrust and Agmis to introduce an AI and drone-based system for automated road inspection.
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AI Clearing’s Adam Wisniewski explains how AI and data integration can help contractors unlock real value from drone data.