Swedish startup Finch picks up €2.5 million to digitise the AEC industry and tackle a trillion-dollar problem
Summary
As the rest of the world goes digital and leverages modern tech to enhance collaboration and productivity, AEC players are being held back and left behind – and it could be costing the global economy trillions. With this tech, Finch generates floor plans adapted to local rules and regulations as well as constraints of the site while allowing all stakeholders to collaborate on a building project in real time — making it an industry first. By measuring performance, detecting errors and suggesting optimal solutions based on the user’s input parameters, Finch makes sure the right decisions are being made before construction begins. With Finch, everyone involved in a project is able to see how different rules and regulations impact the building and its potential inside and out from the get-go.” The Swedish startup has already onboarded strategic customers across Europe, the US, and the Middle East, including names like Herzog & de Meuron and White Arkitekter. Lauri Kokkila, partner at Inventure: “The biggest building design choices affecting life quality, sustainability and profit margins are made in the very early stages of a construction project and most of these decisions are currently done with software that was built 20+ years ago.
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