Latest news with #computerVision
TechCrunch
29-05-2025
- Business
- TechCrunch
Buildots raises $45M to help companies track construction progress
In the construction industry, managers can easily become disconnected from what's happening on-site. Among the many tasks to juggle are staying apprised of costs, communicating with all stakeholders, and assessing risk related to aspects like contractor billing and performance. Buildots wants to change all of that through AI and computer vision. Founded in 2018 by Roy Danon, Aviv Leibovici and Yakir Sudry, the Chicago startup offers a platform that tracks construction progress by processing images captured from 360-degree cameras mounted on managers' hard hats. The system doesn't just observe; it also forecasts. Teams can use a chatbot to ask questions about a project's status, and check a predictive tool that alerts them to possible delay risks or pacing issues that could turn into costly problems. 'It's transformative for site managers, construction executives, and other stakeholders,' said Danon, Buildots' CEO, who tells TechCrunch the company's clients include Intel and around 50 construction firms. '[They're] able to make informed decisions based on real, measurable data as opposed to information trickling in at different times from different sources and with different levels of reliability.' To build on its momentum, Buildots has raised $45 million in a Series D funding round led by Qumra Capital, with participation from OG Venture Partners, TLV Partners, Poalim Equity, Future Energy Ventures, and Viola Growth. The new cash brings the company's total raised to $166 million. According to Danon, the capital will mainly be used to expand Buildot's product to 'cover more stages of the construction lifecycle.' The plan is to use historical data to train AI models to further benchmark — and optimize — construction project performance. Buildots isn't the only company applying AI in the construction domain. Others include BeamUp, which is developing an AI-powered building design platform, and Versatile, which — like Buildots — captures and analyzes data across the construction site to provide a picture of construction progress. Techcrunch event Save now through June 4 for TechCrunch Sessions: AI Save $300 on your ticket to TC Sessions: AI—and get 50% off a second. Hear from leaders at OpenAI, Anthropic, Khosla Ventures, and more during a full day of expert insights, hands-on workshops, and high-impact networking. These low-rate deals disappear when the doors open on June 5. Exhibit at TechCrunch Sessions: AI Secure your spot at TC Sessions: AI and show 1,200+ decision-makers what you've built — without the big spend. Available through May 9 or while tables last. Berkeley, CA | REGISTER NOW With over 230 employees, Buildots ranks among the larger players in the space — and it's planning to expand its North American operations this year, with a focus on growing its R&D teams. '[Our] differentiation is strong due to our operations-focused platform and our approach to performance management in construction,' Danon said. 'The funding will accelerate all of [our] initiatives, but more importantly, it validates that the market is ready for the transformation that we're bringing.'
Associated Press
06-05-2025
- Business
- Associated Press
The Indoor Lab Expands Executive Team, Welcomes Greg Moya as Chief Operating Officer
SAN JUAN CAPISTRANO, Calif.--(BUSINESS WIRE)--May 6, 2025-- The Indoor Lab, the world's leading agnostic LiDAR perception software company, today announced the expansion of its leadership team with the appointment of Greg Moya , former Chief Technology Officer of Computer Vision at Dell Technologies, as its new Chief Operating Officer (COO) . This press release features multimedia. View the full release here: Greg Moya Greg Moya brings decades of experience in enterprise-grade computer vision, edge computing, and AI-driven operational systems. At Dell, he led the strategy and development of cutting-edge computer vision platforms, helping to deploy intelligent infrastructure across a global customer base. His expertise will now help drive The Indoor Lab's aggressive growth strategy as it scales its platform across cities, airports, and other critical infrastructures. 'Greg's visionary leadership and deep technical expertise in scalable perception platforms make him the perfect addition to our team,' said Patrick Blattner , CEO and Founder of The Indoor Lab. 'As we prepare for a major expansion phase, his operational insight will be key to accelerating our mission of creating central nervous systems for the world's most vital spaces.' The Indoor Lab is pioneering the use of agnostic LiDAR perception software to enable real-time awareness and automation. By acting as the 'central nervous system' for airports, cities, and other high-traffic environments, the company is redefining how organizations approach safety , efficiency , and intelligent infrastructure . 'I'm thrilled to join The Indoor Lab at such a pivotal time,' said Greg Moya , new COO. 'The opportunity to help shape the future of real-time perception and play a role in revolutionizing public infrastructure is truly exciting.' This leadership expansion comes at a moment when demand for accurate, privacy-safe, and scalable perception systems is surging. The Indoor Lab's patented solutions are already in use at major international airports and urban environments, with plans to expand across new industries and geographies in 2025 and beyond. About The Indoor Lab The Indoor Lab is the leading LiDAR perception software company developing real-time 'central nervous systems' for cities, airports, and critical infrastructure to enhance safety, efficiency, and operational awareness. Our flagship enterprise platform, OVERWATCH, is recognized as the gold standard across aviation, urban environments, government agencies, and entertainment venues. With a fully agnostic approach to lidar sensor integration and a powerful analytics AI engine, OVERWATCH delivers unparalleled visibility, automation, and decision intelligence for physical spaces. View source version on CONTACT: For media inquiries, please contact: [email protected]@ KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: SECURITY HARDWARE ELECTRONIC DESIGN AUTOMATION TECHNOLOGY SOFTWARE SOURCE: The Indoor Lab Copyright Business Wire 2025. PUB: 05/06/2025 08:16 AM/DISC: 05/06/2025 08:16 AM
