Foundamental

Foundamental is a venture capital firm that backs early-stage companies building real-world, vertical technologies for construction, mining and related sectors. Founded in 2019 and based in Berlin, it operates globally with offices in San Francisco and Singapore and invests across the Americas, Europe, Asia-Pacific and Africa. The firm focuses on 3D design, construction, blue-collar workforce, robotics, supply chains and industrial manufacturing, seeking to partner with ambitious builders from inception through Series A. Foundamental has backed notable early-stage companies such as Infra.Market, Speckle, Snaptrude, Wiz Freight, Tul and Welcome Homes, and is described as a leading investor in ConstructionTech and design technology. It manages a substantial early-stage portfolio across global markets, reflecting an emphasis on helping founders navigate early growth and scale in the real-world tech stack while maintaining a global footprint.

Marie-Sophie Ando

Senior Associate

Shubhankar Bhattacharya

General Partner

Fabio Bronzin

Investor

Jeremy Brown

Principal

Patric Hellermann

General Partner

Moritz Henschel

Principal

Sebastien Michaud

Investor

Dong Gwan Nam

Analyst

Gabriele Tinelli

Investor

Chinmay Vaidya

Investor

Adam Zobler

General Partner

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 offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

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 develops a construction management platform designed to support SMEs in the industry. The platform enables real-time access to key performance indicators, automates financial project monitoring, and streamlines administrative tasks, helping clients boost margins and process business opportunities efficiently.

Latii

Pre Seed Round in 2023
Latii is a building materials supplier, offering products such as windows, doors, steel, metal, casting, and fasteners. They serve the construction industry.

Jumba

Seed Round in 2023
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022, that streamlines B2B procurement of construction materials and financing. The platform allows hardware stores and construction firms to order a wide range of materials (cement, steel, paint, tiles, plumbing, electrical components, glass, kitchen and bathroom finishes) and to pay later. It aggregates materials from multiple suppliers, manages logistics and financing, and provides transparent pricing, quality control, and efficient delivery options. By offering a dependable sourcing channel and consolidated procurement, Jumba aims to help projects stay on budget and on schedule.

SafeAI

Series B in 2022
Founded in 2017, SafeAI specializes in transforming heavy equipment used in mining and construction industries into autonomous robotic assets. Its technology enables safe removal of personnel from hazardous environments while optimizing equipment utilization and task management.

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 streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.

Welcome Homes

Series A in 2022
Welcome Homes is an innovative online platform streamlining the new home construction journey. It enables buyers to select land, customize designs, secure financing, and oversee construction seamlessly and transparently.

011H

Series A in 2022
011H specializes in sustainable building development. It focuses on creating innovative constructions that leverage advanced design, technology, industrialization, sustainability, and health principles to deliver buildings swiftly, cost-effectively, reliably, and responsibly towards both 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 develops a digital platform that collects comprehensive material data and automatically generates efficient, optimized construction solutions. Its platform offers an extensive material library, harmonized technical and environmental data, carbon value calculations, and constructive choices to facilitate low-carbon transitions in the construction industry.

Graneet

Seed Round in 2021
Graneet develops a construction management platform designed to support SMEs in the industry. The platform enables real-time access to key performance indicators, automates financial project monitoring, and streamlines administrative tasks, helping clients boost margins and process business opportunities efficiently.

1build

Series A in 2021
Founded in 2019, 1build is a Mountain View, California-based company that develops software to automate construction cost estimates. Its platform converts building blueprints into material shopping lists and cost estimates, enabling construction companies to collaborate on design and construction using data-driven algorithms.

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
Founded in 2017, SafeAI specializes in transforming heavy equipment used in mining and construction industries into autonomous robotic assets. Its technology enables safe removal of personnel from hazardous environments while optimizing equipment utilization and task management.

Infra.Market

Series C in 2021
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Mighty Buildings

Series B in 2021
Founded in 2017, Mighty Buildings is a pioneering construction technology company based in San Francisco. It specializes in manufacturing custom houses using proprietary 3D printing techniques, aiming to revolutionize the residential housing market by reducing waste and enhancing energy efficiency.

011H

Seed Round in 2020
011H specializes in sustainable building development. It focuses on creating innovative constructions that leverage advanced design, technology, industrialization, sustainability, and health principles to deliver buildings swiftly, cost-effectively, reliably, and responsibly towards both people and the environment.

Infra.Market

Series B in 2020
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

Infra.Market

Series B in 2020
Infra.Market is a construction solutions company that offers a wide range of building materials, including cement, steel, chemicals, and more. It leverages technology to simplify procurement and logistics within the construction industry.

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
Founded in 2017, SafeAI specializes in transforming heavy equipment used in mining and construction industries into autonomous robotic assets. Its technology enables safe removal of personnel from hazardous environments while optimizing equipment utilization and task management.

1build

Seed Round in 2020
Founded in 2019, 1build is a Mountain View, California-based company that develops software to automate construction cost estimates. Its platform converts building blueprints into material shopping lists and cost estimates, enabling construction companies to collaborate on design and construction using data-driven algorithms.

ALICE Technologies

Series A in 2019
ALICE Technologies develops an AI-powered construction simulation platform. It uses artificial intelligence to analyze complex building requirements, generate efficient schedules, and optimize them during construction. The platform helps contractors and owners plan, bid, and build more effectively, potentially saving millions in labor costs.

INDUS.AI

Series A in 2019
INDUS.AI is a construction intelligence platform that provides real-time visibility into construction sites for real estate investors, owners, developers, and general contractors. The platform uses live video from secure cameras to identify inefficiencies, monitor productivity, and surface risks, enabling project teams to optimize labor, equipment, and materials, reconcile over-billed charges, and adjust schedules. It aims to improve safety, efficiency, and transparency on projects. Founded in 2017, INDUS.AI has offices in San Francisco and Toronto and serves clients in the United States, Canada, Hong Kong, and Brazil.

HoloBuilder

Corporate Round in 2019
HoloBuilder provides an AI-driven software solution for construction site progress documentation. Its platform enables users to capture, communicate, and control project progress using 360° photos, improving processes and helping stay on schedule and within budget.

Mighty Buildings

Series A in 2019
Founded in 2017, Mighty Buildings is a pioneering construction technology company based in San Francisco. It specializes in manufacturing custom houses using proprietary 3D printing techniques, aiming to revolutionize the residential housing market by reducing waste and enhancing energy efficiency.

Q-Bot

Series A in 2019
Q-Bot is a London-based robotics company that develops robotic tools capable of moving under floors to access and insulate floorboards. It also offers a robotics platform that can survey, evaluate and apply treatments in underfloor spaces, enabling insulation work with minimal disruption. By applying insulation through automated systems, Q-Bot aims to reduce heat loss and draughts, improving home energy efficiency and indoor comfort. Founded in 2012, the company operates in the United Kingdom and focuses on underfloor retrofit technology that combines hardware and software to streamline insulation installation.

Mighty Buildings

Seed Round in 2019
Founded in 2017, Mighty Buildings is a pioneering construction technology company based in San Francisco. It specializes in manufacturing custom houses using proprietary 3D printing techniques, aiming to revolutionize the residential housing market by reducing waste and enhancing energy efficiency.

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 streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.
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