Innovation uses augmented reality to transform construction

UK start-up XYZ Reality has raised €5.7m in funding to revolutionise construction with its vision of building from holograms which will allow workers to view BIM models on-site at 5ml accuracy. XYZ Reality has revealed the closing of an €5.7m (~£4.9m) Series A round, led by Amadeus Capital Partners and Hoxton Ventures, with participation from Adara Ventures and J Coffey Construction. XYZ Reality aims to transform the construction industry with its vision of building from holograms. The firm has developed the world’s first ‘engineering-grade augmented reality device, HoloSite. HoloSite allows construction workers to view Building Information Models on-site to 5ml accuracy. XYZ Reality’s HoloSite improves the feedback loop between site and design by 92% as construction workers are now able to make real-time informed decisions in the field.