Foundamental
Foundamental GmbH, established in 2018, is a Berlin-based venture capital firm with additional offices in San Francisco and Singapore. The company specializes in investing in early-stage technology companies operating in the construction, mining, and related sectors, such as real estate technology and supply chain logistics. Foundamental has a global investment focus, targeting companies in Asia-Pacific, North America, Europe, and Africa. The firm is known for being an early partner to ambitious founders, leading pre-seed, seed, and Series-A rounds, and reserving a significant portion of its funds for follow-on investments. With a diverse team background in technology, venture capital, and industrial operations, Foundamental provides deep understanding and support to its portfolio companies, aiming to build the next legendary technology companies in the real world.
Top Stages
Past deals in Construction
GreenFortune
Seed Round in 2025
GreenFortune is an Indian company specializing in window and door systems. It offers a tech-driven approach, combining global expertise from India, Germany, and Japan, to deliver high-quality, affordable products. The company serves as a preferred partner to fabricators and customers, providing a wide range of services including design, manufacturing, and installation. GreenFortune's platform also enables real-time project updates and document history, enhancing efficiency in construction projects. The company is backed by international investors from Japan and Singapore, facilitating its international partnerships and commitments to supporting its fabricator network.
Infra.Market
Series F in 2025
Infra.Market is a construction solutions company that operates a centralized online procurement marketplace for the construction materials industry. It offers a comprehensive range of products, including cement, steel, and chemicals, to meet diverse construction needs. By leveraging technology, Infra.Market simplifies the procurement and logistics processes, providing clients with an efficient platform that aggregates demands and matches them with its supply chain. The company also emphasizes affordability by offering credit options and enhancing delivery tracking capabilities, thereby delivering a streamlined experience for businesses in the real estate and construction sectors. Through innovation and technology, Infra.Market is transforming the construction materials ecosystem.
Speckle
Series A in 2024
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.
Monumental
Seed Round in 2024
Monumental automates on-site construction with robotics and software.
VARM
Pre Seed Round in 2023
VARM, a European company, specializes in driving household decarbonization by constructing the necessary infrastructure for efficient insulation. It offers high-performance insulation solutions, aiming to reduce energy consumption and enhance home comfort. The company leverages digital technology to streamline the customer journey, making quality insulation services more accessible and affordable for homeowners.
PermitFlow
Seed Round in 2023
PermitFlow is a technology company that specializes in streamlining the construction permitting process in the United States. Their platform is designed to simplify and expedite the application and management of construction permits for builders, contractors, architects, developers, and owners. PermitFlow's software handles various aspects of permit acquisition, including research, preparation, submission, and monitoring. The company aims to reduce the time required to obtain permits while standardizing municipalities' building permit submittal processes through a single platform. With nationwide coverage and local municipal expertise, PermitFlow supports permitting across multiple states, making it easier for builders to navigate complex regulatory environments.
Enter
Series A in 2023
Enter is a company that assists homeowners in reducing their carbon footprints by offering a comprehensive energy information platform. This platform facilitates energy audits, procurement, financing, and monitoring, allowing users to manage all aspects of their home’s energy efficiency within a single application. Enter provides consultancy services that cover energy efficiency planning, grant applications, and construction, enabling clients to make informed decisions and execute renovation projects efficiently and affordably. By consolidating essential data and services, Enter aims to simplify the process of home decarbonization for millions of individuals.
Graneet
Series A in 2023
Graneet is a developer of a management platform focused on providing commercial management support for small and medium-sized enterprises (SMEs) in the construction industry. The platform enables users to access key performance indicators in real-time, facilitating improved decision-making and operational efficiency. By automating financial and administrative monitoring of projects, Graneet helps clients enhance their margin rates and streamline their workflows. Additionally, the platform assists users in automating tasks related to processing business opportunities, invoicing, and payment management, thereby reducing errors and increasing productivity.
Latii
Pre Seed Round in 2023
Latii is a producer and supplier of building materials, offering a diverse range of products that includes windows and doors, structural steel, metal, casting, and fastening components. In addition to its product offerings, Latii operates a cloud-based supply chain platform designed to enhance the sourcing of technology for precision parts in the construction industry. This platform provides features such as project reviews, free quotes, and document management, allowing businesses to improve efficiency and ensure quality in their construction projects. Through its comprehensive services and innovative technology, Latii aims to support the construction sector effectively.
Jumba
Seed Round in 2023
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022. The company focuses on optimizing B2B construction material purchases and financing, serving as a vital link between manufacturers and retailers. Its platform allows businesses to order a range of materials, including cement, steel, paint, tiles, plumbing, electrical supplies, and finishes for kitchens and bathrooms, with the option to pay later. By connecting small hardware stores with medium-sized retailers in their vicinity, Jumba facilitates inventory updates and streamlines the construction supply chain in Africa, making the procurement process more efficient for hardware retail establishments.
SafeAI
Series B in 2022
SafeAI, Inc., also known as Saif, is a technology company based in Sunnyvale, California, founded in 2017. It specializes in retrofitting heavy equipment for autonomous applications primarily within the mining and construction industries. SafeAI develops a software as a service platform that enhances equipment utilization and task optimization while facilitating fleet management systems. Its autonomous technology allows equipment owners to convert their existing machinery into self-operating robotic assets, thereby improving safety by minimizing human presence in hazardous environments. The company's solutions control command and fleet operations of integrated autonomous vehicles, utilizing a user-friendly interface that can be adapted across different pieces of equipment.
Enter
Seed Round in 2022
Enter is a company that assists homeowners in reducing their carbon footprints by offering a comprehensive energy information platform. This platform facilitates energy audits, procurement, financing, and monitoring, allowing users to manage all aspects of their home’s energy efficiency within a single application. Enter provides consultancy services that cover energy efficiency planning, grant applications, and construction, enabling clients to make informed decisions and execute renovation projects efficiently and affordably. By consolidating essential data and services, Enter aims to simplify the process of home decarbonization for millions of individuals.
CalcTree
Pre Seed Round in 2022
CalcTree is a developer of a calculation management platform that aims to enhance efficiency in the engineering design and construction process. By integrating engineering teams, designs, and calculations, CalcTree addresses the challenges of data fragmentation and complexity that often plague traditional methods. The platform focuses on organizing and leveraging calculations and designs, facilitating a more streamlined approach to project management. By adopting a building information model, CalcTree enables clients to optimize their calculations and maintain easy access to connected data sets, ultimately minimizing time and reducing errors in project execution.
Welcome Homes
Series A in 2022
Welcome Homes is an online platform designed to simplify the home building process for buyers. By streamlining the journey from land selection to customization and construction, the company allows individuals to transition from home buyers to home builders. Its platform offers a fully online experience, ensuring a seamless and transparent home-buying process. Users can save time and clearly understand their costs while having the opportunity to create a beautifully designed home in their desired location.
011h
Series A in 2022
011h Sustainable Construction SL is a construction company based in Barcelona, Spain, established in 2020. It focuses on sustainable building development, employing advanced design and technology to create a new approach to construction. The company constructs various types of buildings for residential and other purposes, providing a comprehensive range of services including design, procurement, manufacturing, and construction. Additionally, 011h offers digital support for property operation and maintenance, aiming to deliver buildings more efficiently and affordably while prioritizing the well-being of people and the environment.
Werk
Pre Seed Round in 2022
Werk is building a global blue-collar migration hub for skilled construction workers - jobs, relocation, community. Our community connects migrants across Europe and Asia and gives them a tool for supporting and upskilling each other.
Speckle
Seed Round in 2022
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.
Cottage
Series A in 2022
Cottage is a company focused on addressing housing affordability through a managed marketplace specifically for Accessory Dwelling Units (ADUs). It operates a software platform that connects homeowners with contractors to facilitate the planning, financing, construction, and rental of ADUs. By enabling homeowners to design and manage their ADU projects online, Cottage streamlines the process and ensures quality delivery through a curated network of contractors. This approach aims to simplify the development of additional housing options while enhancing the accessibility of affordable living spaces.
PermitFlow
Venture Round in 2022
PermitFlow is a technology company that specializes in streamlining the construction permitting process in the United States. Their platform is designed to simplify and expedite the application and management of construction permits for builders, contractors, architects, developers, and owners. PermitFlow's software handles various aspects of permit acquisition, including research, preparation, submission, and monitoring. The company aims to reduce the time required to obtain permits while standardizing municipalities' building permit submittal processes through a single platform. With nationwide coverage and local municipal expertise, PermitFlow supports permitting across multiple states, making it easier for builders to navigate complex regulatory environments.
Kompozite
Seed Round in 2022
Kompozite is a developer of a digital platform designed to facilitate the decarbonization of the construction industry. The platform aggregates comprehensive materials data and automatically generates optimized construction solutions tailored to specific user constraints. It features an extensive material library that includes harmonized technical and environmental data, as well as the calculation and assignment of carbon values. With a focus on collaboration and a user-friendly interface, Kompozite aims to support clients in accelerating the transition to low-carbon practices in building construction and renovation.
Graneet
Seed Round in 2021
Graneet is a developer of a management platform focused on providing commercial management support for small and medium-sized enterprises (SMEs) in the construction industry. The platform enables users to access key performance indicators in real-time, facilitating improved decision-making and operational efficiency. By automating financial and administrative monitoring of projects, Graneet helps clients enhance their margin rates and streamline their workflows. Additionally, the platform assists users in automating tasks related to processing business opportunities, invoicing, and payment management, thereby reducing errors and increasing productivity.
1Build
Series A in 2021
1build, Inc. is a software company that specializes in transforming building blueprints into detailed material shopping lists and cost estimates. Founded in 2019 and based in Mountain View, California, the company provides a data-driven platform that automates cost estimation for construction firms. By leveraging advanced algorithms and real-time data, 1build enhances pricing accuracy and predictability in an evolving market. Its proprietary API aggregates millions of data points to standardize construction pricing, allowing builders to manage the entire pre-construction process efficiently—from plan uploads to bid submissions. This innovative approach enables contractors, particularly those in wood and metal framing, insulation, and drywall, to focus on project execution while improving their chances of winning bids and maximizing profits.
Juno
Series A in 2021
Juno Residential, Inc. is a company focused on the development of residential apartments, incorporating innovative construction methods to provide environmentally friendly housing solutions. Based in San Francisco, California, Juno specializes in prefabricated houses, utilizing techniques that emphasize speed and efficiency. The company is committed to sustainability, employing organic and low-carbon materials, such as mass timber, in its projects. By offering modern and curated living spaces, Juno aims to address the growing demand for sustainable housing alternatives in urban environments. Founded in 2018, Juno Residential, Inc. was previously known as Lighthouse Residential, Inc.
Yojak
Seed Round in 2021
Yojak is an innovative B2B managed marketplace focused on the online buying and selling of finishing building materials in India. The company aims to enhance business opportunities for retailers and manufacturers by providing access to a nationwide network of verified buyers and sellers. Yojak's platform facilitates a seamless supply chain and fulfillment process, ensuring competitive pricing, quality, and a diverse range of products. By collaborating directly with manufacturers, Yojak offers a comprehensive value proposition that encompasses product discovery, delivery, and financing solutions. The company's long-term vision is to establish a global ecosystem for building materials that meets international demand through a widespread supply network.
SafeAI
Series A in 2021
SafeAI, Inc., also known as Saif, is a technology company based in Sunnyvale, California, founded in 2017. It specializes in retrofitting heavy equipment for autonomous applications primarily within the mining and construction industries. SafeAI develops a software as a service platform that enhances equipment utilization and task optimization while facilitating fleet management systems. Its autonomous technology allows equipment owners to convert their existing machinery into self-operating robotic assets, thereby improving safety by minimizing human presence in hazardous environments. The company's solutions control command and fleet operations of integrated autonomous vehicles, utilizing a user-friendly interface that can be adapted across different pieces of equipment.
Infra.Market
Series C in 2021
Infra.Market is a construction solutions company that operates a centralized online procurement marketplace for the construction materials industry. It offers a comprehensive range of products, including cement, steel, and chemicals, to meet diverse construction needs. By leveraging technology, Infra.Market simplifies the procurement and logistics processes, providing clients with an efficient platform that aggregates demands and matches them with its supply chain. The company also emphasizes affordability by offering credit options and enhancing delivery tracking capabilities, thereby delivering a streamlined experience for businesses in the real estate and construction sectors. Through innovation and technology, Infra.Market is transforming the construction materials ecosystem.
Mighty Buildings
Series B in 2021
Mighty Buildings, Inc. is a San Francisco-based company founded in 2017 that specializes in the manufacture of 3D printed custom homes. Utilizing advanced construction technology, the company employs 3D printing, robotics, and automation to create modular homes that aim to disrupt the residential housing market. Mighty Buildings has developed a proprietary building material known as Light Stone Material (LSM), which mimics synthetic stone and provides advantages such as faster construction, zero waste, and improved thermal regulation compared to traditional materials like concrete, wood, or steel. The company's innovative approach focuses on producing prefabricated, environmentally friendly, and climate-resilient homes, thereby facilitating smart urban development and making housing more affordable.
011h
Seed Round in 2020
011h Sustainable Construction SL is a construction company based in Barcelona, Spain, established in 2020. It focuses on sustainable building development, employing advanced design and technology to create a new approach to construction. The company constructs various types of buildings for residential and other purposes, providing a comprehensive range of services including design, procurement, manufacturing, and construction. Additionally, 011h offers digital support for property operation and maintenance, aiming to deliver buildings more efficiently and affordably while prioritizing the well-being of people and the environment.
Infra.Market
Series B in 2020
Infra.Market is a construction solutions company that operates a centralized online procurement marketplace for the construction materials industry. It offers a comprehensive range of products, including cement, steel, and chemicals, to meet diverse construction needs. By leveraging technology, Infra.Market simplifies the procurement and logistics processes, providing clients with an efficient platform that aggregates demands and matches them with its supply chain. The company also emphasizes affordability by offering credit options and enhancing delivery tracking capabilities, thereby delivering a streamlined experience for businesses in the real estate and construction sectors. Through innovation and technology, Infra.Market is transforming the construction materials ecosystem.
Infra.Market
Series B in 2020
Infra.Market is a construction solutions company that operates a centralized online procurement marketplace for the construction materials industry. It offers a comprehensive range of products, including cement, steel, and chemicals, to meet diverse construction needs. By leveraging technology, Infra.Market simplifies the procurement and logistics processes, providing clients with an efficient platform that aggregates demands and matches them with its supply chain. The company also emphasizes affordability by offering credit options and enhancing delivery tracking capabilities, thereby delivering a streamlined experience for businesses in the real estate and construction sectors. Through innovation and technology, Infra.Market is transforming the construction materials ecosystem.
Stealth
Pre Seed Round in 2020
Optimizing construction supply chains and warehousing.
reINVENT
Series A in 2020
reINVENT innovation GmbH is a Munich-based company that develops software solutions tailored for the construction industry. Its platform aims to enhance communication and planning processes by connecting all key participants throughout the construction and warranty phases. By digitizing communication, data transfer, and documentation, reINVENT seeks to streamline operations for architects, developers, contractors, and project developers. This centralized platform integrates various aspects of project management, customer management, finance, and construction site management, ultimately enabling stakeholders to achieve significant cost and time savings. Through its innovative approach, reINVENT addresses the challenges of a traditionally under-digitized sector, facilitating more efficient collaboration among all parties involved in construction projects.
Juno
Seed Round in 2020
Juno Residential, Inc. is a company focused on the development of residential apartments, incorporating innovative construction methods to provide environmentally friendly housing solutions. Based in San Francisco, California, Juno specializes in prefabricated houses, utilizing techniques that emphasize speed and efficiency. The company is committed to sustainability, employing organic and low-carbon materials, such as mass timber, in its projects. By offering modern and curated living spaces, Juno aims to address the growing demand for sustainable housing alternatives in urban environments. Founded in 2018, Juno Residential, Inc. was previously known as Lighthouse Residential, Inc.
Novade
Series B in 2020
Novade, established in 2013 and based in Singapore, specializes in construction management software. It offers a platform that digitizes and automates site processes such as quality control, safety management, progress tracking, workforce management, and maintenance. The software synchronizes all project data, including inspections, checklists, asset tracking, and repair management, using features like digital forms, drawing mark-ups, and location mapping. It generates reports and provides insights to streamline operations, serving leading contractors, developers, and owners worldwide.
Speckle
Pre Seed Round in 2020
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.
SafeAI
Convertible Note in 2020
SafeAI, Inc., also known as Saif, is a technology company based in Sunnyvale, California, founded in 2017. It specializes in retrofitting heavy equipment for autonomous applications primarily within the mining and construction industries. SafeAI develops a software as a service platform that enhances equipment utilization and task optimization while facilitating fleet management systems. Its autonomous technology allows equipment owners to convert their existing machinery into self-operating robotic assets, thereby improving safety by minimizing human presence in hazardous environments. The company's solutions control command and fleet operations of integrated autonomous vehicles, utilizing a user-friendly interface that can be adapted across different pieces of equipment.
1Build
Seed Round in 2020
1build, Inc. is a software company that specializes in transforming building blueprints into detailed material shopping lists and cost estimates. Founded in 2019 and based in Mountain View, California, the company provides a data-driven platform that automates cost estimation for construction firms. By leveraging advanced algorithms and real-time data, 1build enhances pricing accuracy and predictability in an evolving market. Its proprietary API aggregates millions of data points to standardize construction pricing, allowing builders to manage the entire pre-construction process efficiently—from plan uploads to bid submissions. This innovative approach enables contractors, particularly those in wood and metal framing, insulation, and drywall, to focus on project execution while improving their chances of winning bids and maximizing profits.
ALICE Technologies
Series A in 2019
ALICE Technologies is a developer of an AI-powered construction simulation platform designed to optimize building processes. The platform utilizes advanced artificial intelligence to analyze complex project requirements, generating efficient schedules and resource allocations. This capability allows construction professionals to estimate costs and timelines accurately while adapting to changes throughout the construction cycle. By streamlining planning and execution, ALICE Technologies helps contractors and project owners reduce construction times and labor costs significantly, with typical savings of $30 million on projects valued at $500 million. The company collaborates with leading firms in the infrastructure and commercial construction sectors, enhancing their ability to manage projects effectively.
INDUS.AI
Series A in 2019
INDUS.AI is a leading provider of construction intelligence solutions, established in 2017, with offices in San Francisco and Toronto. The company offers a cloud-based platform that leverages 3D computer vision technology, utilizing live video streams from secure IP cameras to deliver real-time visibility and actionable insights into construction site activities. This platform enables real estate investors, owners, developers, and general contractors to identify inefficiencies, manage risks, and enhance productivity on their projects. By providing tools for project control, INDUS.AI helps clients optimize labor, equipment, and materials, ultimately aiming to improve safety, efficiency, and transparency within the construction industry. The company serves clients across the United States, Canada, Hong Kong, and Brazil.
HoloBuilder
Corporate Round in 2019
HoloBuilder Inc. is a technology company that specializes in construction progress management through its innovative software solution. Founded in 2015 and headquartered in San Francisco, California, HoloBuilder offers a web-based platform that allows construction teams to capture, communicate, and control project progress using 360-degree photos. The platform integrates with Autodesk BIM 360 and leverages artificial intelligence to provide critical insights into construction site documentation. By enabling users to navigate through projects, view and annotate photos, and collaborate effectively, HoloBuilder has gained the trust of over 28,000 construction projects across 35 countries. This solution helps general contractors, owners, and engineering firms improve efficiency, stay on schedule, and manage budgets effectively.
Mighty Buildings
Series A in 2019
Mighty Buildings, Inc. is a San Francisco-based company founded in 2017 that specializes in the manufacture of 3D printed custom homes. Utilizing advanced construction technology, the company employs 3D printing, robotics, and automation to create modular homes that aim to disrupt the residential housing market. Mighty Buildings has developed a proprietary building material known as Light Stone Material (LSM), which mimics synthetic stone and provides advantages such as faster construction, zero waste, and improved thermal regulation compared to traditional materials like concrete, wood, or steel. The company's innovative approach focuses on producing prefabricated, environmentally friendly, and climate-resilient homes, thereby facilitating smart urban development and making housing more affordable.
Q-Bot
Series A in 2019
Q-Bot Limited, established in 2012 and headquartered in London, UK, specializes in the manufacture of robotic tools designed to move beneath floors, applying insulation to floorboards. This innovative solution aims to improve building energy efficiency while minimizing disruption during installation. The company's robotics platform has broader applications across various industries, supported by a combination of government grants, private investments, and sales revenue. Notable backers include Climate-KIC, The Technology Strategy Board, and The Department for Energy and Climate Change.
Mighty Buildings
Seed Round in 2019
Mighty Buildings, Inc. is a San Francisco-based company founded in 2017 that specializes in the manufacture of 3D printed custom homes. Utilizing advanced construction technology, the company employs 3D printing, robotics, and automation to create modular homes that aim to disrupt the residential housing market. Mighty Buildings has developed a proprietary building material known as Light Stone Material (LSM), which mimics synthetic stone and provides advantages such as faster construction, zero waste, and improved thermal regulation compared to traditional materials like concrete, wood, or steel. The company's innovative approach focuses on producing prefabricated, environmentally friendly, and climate-resilient homes, thereby facilitating smart urban development and making housing more affordable.
reINVENT
Seed Round in 2018
reINVENT innovation GmbH is a Munich-based company that develops software solutions tailored for the construction industry. Its platform aims to enhance communication and planning processes by connecting all key participants throughout the construction and warranty phases. By digitizing communication, data transfer, and documentation, reINVENT seeks to streamline operations for architects, developers, contractors, and project developers. This centralized platform integrates various aspects of project management, customer management, finance, and construction site management, ultimately enabling stakeholders to achieve significant cost and time savings. Through its innovative approach, reINVENT addresses the challenges of a traditionally under-digitized sector, facilitating more efficient collaboration among all parties involved in construction projects.
Trelar
Seed Round in 2018
Trelar is a network of vocational trucking owner-operators, drivers, contractors, and plant operators revolutionizing the $150B construction vehicle ecosystem through an app-driven marketplace that matches carriers to the contractors who need delivery capacity.
CalcTree
CalcTree is a developer of a calculation management platform that aims to enhance efficiency in the engineering design and construction process. By integrating engineering teams, designs, and calculations, CalcTree addresses the challenges of data fragmentation and complexity that often plague traditional methods. The platform focuses on organizing and leveraging calculations and designs, facilitating a more streamlined approach to project management. By adopting a building information model, CalcTree enables clients to optimize their calculations and maintain easy access to connected data sets, ultimately minimizing time and reducing errors in project execution.
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