SAN FRANCISCO, Calif. – OpenSpace, the leader in 360° construction site data capture and analysis, today announced a $14M Series A funding round led by Lux Capital. Returning investor Goldcrest Capital also joined the round, along with new participants JLL Spark, Navitas Capital, Suffolk Construction, Tishman Speyer, WeWork and Zigg Capital. With these new investors on board, OpenSpace has established strategic partnerships with some of the top names in real estate and construction. Founded in 2017, OpenSpace is deployed on projects exceeding $50B in total value in the United States and around the world.
Linxon is building the infrastructure to power the world with carbon-free technology by offering turnkey solutions in the areas of substations for power transmission, renewable energy, and transportation. As a pioneer in the industry, Linxon has entered into an enterprise agreement with OpenSpace, the global leader in 360° reality capture, to bring the technology to…
St. Petersburg’s 400 Central construction crew has started using artificial intelligence to avoid mistakes in the construction process. Here’s how new tech accelerates long buildouts. In a matter of months, 400 Central Avenue, the site of St. Petersburg’s future tallest building, has gone from a ground-level foundation to a multi-story cement structure rising rapidly from…
OpenSpace introduced a new Building Information Modeling (BIM) technology product in June 2023 that aims to allow construction project teams to solve problems faster. With OpenSpace’s tools, field and virtual design and construction (VDC) teams are able to compare as-built conditions to design intent with use of a 360 degree reality capture and AI-powered analytics….
