Intel Capital Invests $15 Million in Buildots for AI Construction Technology

Thursday, 11 July 2024, 13:07

Intel Capital, together with OG Tech Partners, invests $15 million in Israeli startup Buildots, boosting its total financing to $121 million. Buildots specializes in AI software for the construction industry, enhancing efficiency, reducing errors, and ensuring project timelines and budgets are met.
Yahoo Finance
Intel Capital Invests $15 Million in Buildots for AI Construction Technology

Buildots Receives $15 Million Investment for AI Construction Tech

Intel Capital leads a $15 million investment in Israeli technology startup Buildots, focusing on AI software solutions for the construction sector.

Total Financing Reaches $121 Million

OG Tech Partners and existing investors join Intel in this funding round, increasing Buildots' total financing to $121 million.

Enhancing Construction Efficiency with AI

Buildots leverages artificial intelligence to streamline processes, prevent errors, and optimize project delivery, avoiding delays and financial discrepancies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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