High-Tech Gründerfonds is leading Oculai's seed round. Other investors include Bayern Kapital, the France-based VC fund Axeleo Capital, the accelerator program Leonard, and other private investors.
Oculai offers a digitalization and AI solution for construction sites. Using cameras, the deep learning solution automatically evaluates construction processes. Users gain access to features such as an automated target-actual schedule, self-writing daily construction reports, and process metrics. Startup aims to make construction projects more transparent, productive, and predictable. Construction management workflows are automated. Currently, the solution is primarily used in shell construction and initial infrastructure projects. Constantin Kauffmann, Co-Founder and CEO of Oculai, says:
"Especially in the current times, the transformation of the construction industry toward intelligent production systems is becoming increasingly important. We're also noticing this in the response to our product. With this fresh momentum, we can now capitalize on this momentum and take major steps."
Oculai: “Unique AI for shell construction”
Oculai offers a perfect overview of construction projects regardless of their size or complexity, says Monika Steger, Managing Director of Bayern Kapital:
“The founding team has developed a unique AI for shell construction that can enormously increase the higher level of automation and digitalization that the industry urgently needs.”
Matthias Flattin, Partner & Managing Director Axeleo Capital, adds:
"The construction industry is one of the least digitized sectors due to a harsh working environment and complex workflows, making change management particularly difficult. Oculai delivers a return on investment from day one with a holistic, turnkey solution that enables construction managers to optimize their workflow and produce useful data. This improves the learning curve from one project to the next."
