HomeFundingConstruction tech startup Imerso closes €1.8 million seed round to detect building...

Construction tech startup Imerso closes €1.8 million seed round to detect building mistakes in real-time

Mistakes in building projects often take weeks or months to detect and resolve, creating headaches for project managers and developers. However Imerso’s 3D imaging technology allows defects in construction sites to be detected within just minutes – saving both time and money for developers.

Based in Oslo, Imerso has just raised €1.8 million in a seed round from early stage funds Vito ONE and NewMark Capital, along with previous investors including 500 Startups and TRK Group. The startup plans to use the new capital to expand its market reach beyond the Nordics.

Founded in 2014, Imerso uses laser scanners, drones, along with its own mobile scanning app and Building Information Modelling (BIM) to create 3D digital twins of construction sites. The virtual models are then analysed with Imerso’s software, which immediately catches delays and mistakes in the projects.

All project participants receive insights about any deviations from project plans in real-time, whereas typically in the construction industry such problems are detected late in the building process, leading to costly delays and budget overruns.

Frederico Valente, Founder and CEO of Imerso, stated: “The more complex the construction project, the more difficult it is to coordinate the various disciplines and monitor progress accurately. Our goal is to bring the construction site back to the office and get everyone on the same page. All project participants can visit the building project from their browser and have access to empirical data about the on-site status. With our BIM analysis, work mistakes and discrepancies are fully documented, addressed, and can be resolved before the next discipline starts. Our customers are cutting enormous costs in their projects by avoiding unnecessary rework and delays.”

Daria Saharova, partner in Vito ONE, said: “Despite the progress in digitalisation, the construction industry is still largely analogue. We see a huge growth potential in this industry and want to actively shape this sector with our investments. We were convinced by Imerso’s experienced team as well as their innovative product, which delivers its users crucial information and insight about their building projects.”

By the way: If you’re interested to join a fast-growing startup like Imerso, make sure to check out the EU-Startups Job Board.

Mary Loritz
Mary Loritz
Mary served as Head of Content at EU-Startups.com from November 2018 until November 2019. She is an experienced journalist and researcher covering tech and business topics.

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