Automation takes flight: A look at VC's soaring interest in robotics & drones

PitchBook | March 25, 2019

In the past half-dozen years, the robotics & drones vertical has grown from a blip on the VC radar into a sector generating dozens of new investments every month. It's a diverse space that includes companies developing new products of all varieties, ranging from the sort of quadcopters that probably first come to mind when you hear the word drone to automation software to full-on humanoid robots.
In the wake of a year that brought new global records for VC deal count and capital invested in the vertical, it seemed worth taking a closer look at a space that looks to be primed for further growth in the years to come as the high-powered technologies that make it all possible continue to develop.

Spotlight

OneClick BIM is a well established company in India and Dubai which focuses on providing high quality BIM and CAD services to clients in the field of Architecture, Engineering, and Construction through innovative consulting and solutions.

The company provides the clients with one stop solution of Design, Engineering, and Construction. We have the capability to carry out almost all trades of Architecture, Structure, Mechanical, Electrical, Plumbing, Fire Fighting, Project Management, Fabrication and Construction under one umbrella. Thereby giving our customers edge of single point hassle free solutions and advantage over other outsourcing companies.

Spotlight

OneClick BIM is a well established company in India and Dubai which focuses on providing high quality BIM and CAD services to clients in the field of Architecture, Engineering, and Construction through innovative consulting and solutions.

The company provides the clients with one stop solution of Design, Engineering, and Construction. We have the capability to carry out almost all trades of Architecture, Structure, Mechanical, Electrical, Plumbing, Fire Fighting, Project Management, Fabrication and Construction under one umbrella. Thereby giving our customers edge of single point hassle free solutions and advantage over other outsourcing companies.

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ROBOTICS AND AUTOMATION, ENGINEERING TECH

Hilti Launches New Digital Layout Tool to Boost Productivity

Hilti | January 27, 2023

On January 26, 2023, Hilti North America, a provider of innovative tools, software, technology, and services for the commercial construction industry, introduced the PLT 400, a digital layout tool created to help increase the productivity of jobsite layout crews. Single-operator tools like the PLT 400 are vital due to continued labor shortages and jobsite restrictions. This tool improves accuracy and layout speed, features advanced prism tracking and auto-calibration, and requires minimal training. Improved technology, faster layout, and fewer labor hours contribute to a cost-saving and productivity-boosting solution for jobsites. The PLT 400 can lay out digital BIM (Building Information Modeling) designed plans without the time-consuming step of creating points on the plans first. It can also help keep your BIM model up to date during the construction process, contributing to an optimized end-to-end workflow. The company's digital construction software is also compatible with AutoCAD, Revit, and other specialized layout platforms. The layout tool works in tandem with Hilti's entire solutions ecosystem, including ON!Track and the Fleet program. Aside from access to high-performance tools and cutting-edge technology, Fleet customers also receive free verification of tool accuracy, complying with manufacturer specifications and theft coverage to reduce unexpected expenses and financial risk. In addition, the PLT 400 comes with an industry-leading Tool Warranty and is available in the United States and Canada. Michael Haugtvedt, Product Manager at Hilti North America, shared, "We took customer feedback on our previous total stations and addressed those pain points with the launch of the PLT 400." He added, "This camera-based tool has enhanced prism tracking and upgraded communications making sure you stay connected and increase layout productivity on the jobsite, while a built-in calibration module helps ensure your layout is within spec every time you turn the tool on." (Source – PR Newswire) About Hilti North America Based in Plano, Texas, Hilti provides technology to make construction more efficient, sustainable, and safer. The company's products, systems, and services provide construction professionals with innovative solutions with exceptional added value. Its product line includes cordless tools, grinders, drills, saws, fasteners, anchors, and design/layout software and services. With more than 3,800 team members in North America, Hilti is committed to providing exceptional customer service and engagement.

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DESIGN,ENGINEERING TECH,CONSTRUCTION

Revgen.tool, Innovative Solution From Cove.tool, Designed for Building Product Manufacturers

cove.tool | January 16, 2023

In a recent announcement, leading architectural design and construction solutions provider, cove.tool launched a cloud-based software, revgen.tool, designed to make it simple for building product manufacturers to attract qualified leads, effectively market their products, and drive revenue. This unique, industry-first solution allows manufacturers to build relationships with engineering, architecture and construction (AEC) professionals with verified advanced building performance engines. This helps manufacturers make informed product decisions earlier in a project’s lifecycle. Product performance within a project can be highlighted via the revgen.tool by manufacturers, and market their products for specific needs. Harnessing advanced analytics, the software sifts through thousands of building designs within architecture 3D models, which also includes BIM, to assist teams in identifying the best match for their products. This allows building product manufacturers to connect with the right engineers and architects and strengthen relationships. AEC teams can access real-time data to identify new products, which in turn helps them save time and resources. As a trusted third-party partner shares the data, it is easier for manufacturers to build trust and establish relationships with AEC professionals by sharing accurate data for projects and products. Patrick Chopson, Co-Founder and Chief Product Officer at cove.tool, “Driven by the urgent need to rapidly reduce carbon emissions and take climate action, there are political, economic, regulatory, and climate-driven macros on a global scale driving a massive shift in the design and construction of buildings. To help meet the targets before 2030, it is essential for manufacturers to partner with architects and engineers.” He further added, “With revgen.tool, this is finally possible. Manufacturers and design teams can now better align on what products may best fit with real-time, project-specific performance analysis. Newer, high-performance products can be highlighted, encouraging adoption that helps create more comfortable, efficient, and sustainable buildings. Our system enables manufacturers and design teams to forge stronger, more successful relationships based on data.” (Source-Businesswire) About cove.tool Cove.tool platform helps with the entire building lifecycle, from analysis to design and construction. Their point-based solutions link to build a connected eco-system that enables teams to collaborate on project data, resulting in more cost-effective decisions. By assisting developers, builders, and architects in using data-driven design through automation and cost reduction, cove.tool fights climate change.

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PERSPECTIVES, CONSTRUCTION

HFW and GastingerWalker& Develop Strategic Growth Partnership

GastingerWalker& | March 03, 2023

HFW Companies recently joined GastingerWalker&, a Kansas City, based architectural firm, as its sixth strategic expansion partner, in its ongoing effort to develop a nationally focused ‘House of Brands’ in the architecture and engineering (AE) business. Kevin Harden, AIA, NCARB, managing partner of GastingerWalker& said, "We're excited about being in a collaboration among a family of firms, and we're looking forward to seeing how this partnership becomes an even greater asset for all of us." He added, "This collaboration allows us to be a design leader, pushing all aspects of design and the value of good design. We expect great opportunities ahead to grow in the firm's leadership and in our profession." (Source – BusinessWire) Michael Hein, AIA, PMP, also the CEO of HFW, said, "We're excited because GastingerWalker& brings to this partnership a solid brand legacy, strong leadership, talented people with unique design expertise, and a long list of regional and national clients that already give the firm a national footprint." He further added, "Perhaps most impressive is that more than 85 percent of the firm's business comes from countless new projects with repeat clients. We're looking forward to the profitable synergies they bring into our growing network of HFW Partner firms." (Source – BusinessWire) GastingerWalker&, completing its 42nd year of business, employs 55 experts in Kansas City and Chicago and is licensed to operate in 45 states. This was possible due to national customers like AMC Theatres, SunLife Financial, Amsurg America, Allstate Insurance Company, and Spectrum Retirement Communities. The firm provides architectural, interior design, construction management, space planning, and historic rehabilitation through its Live, Work, Learn, Heal, and Play sectors. HFW CEO Michael Hein calls the new expansion partner a strategic fit for HFW's ‘House of Brands’ concept. It is a concept where, a network of growth-oriented AE companies share best practices, strong design focus, economies of scale, unique areas of expertise, and other synergies while continuing to establish their own legacy brands regionally and beyond. About GastingerWalker& GastingerWalker&, founded in 1981, and headquartered in Kansas City, is a varied group of devoted, smart, and passionate architects and designers. The firm takes an approach to design that considers all project components as integral to the whole. From building systems and consumer needs to appeal settings and an optimistic sense of place, architects and interior designers work together to understand clients' projects.

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