AI-BOB raised €2M in a funding round led by CapitalT to support international expansion and product development.

Feb 13, 2025•6 months ago

Amount Raised

€2 Million

Round Type

seed

StockholmConstructionMachine LearningArtificial Intelligence

Investors

Angel InvestorsNcaFund FCapital T

Description

AI-BOB, a Swedish constructiontech startup, has secured €2M in a funding round to enhance product development and prepare for international expansion. The round was led by CapitalT, with participation from several investors including Fund F and NCA.

Company Information

Company

AI-BOB

Location

Stockholm, Stockholm County, Sweden

About

AI-BOB is a Swedish constructiontech startup that employs AI to ensure compliance with regulations, environmental requirements, and industry standards in construction projects. The company offers a plugin that automates the review of building regulations, significantly reducing lead times and minimizing construction errors. By utilizing advanced technologies, AI-BOB aims to decrease overall project costs and reduce material waste, promoting sustainable construction practices. Founded in early 2024, AI-BOB has quickly garnered attention and funding for its innovative solutions.

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VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers