Construction automation platform TraceAir has raised $25 million from PeakSpan Capital and Flashpoint Venture Capital. The B round of the series closed on May 29, according to data from Crunchbase.
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The investment will help develop and bring to market new products that will improve workflows in the land management and home construction industry through predictive analytics and drive the industry to new levels of efficiency and automation.
TraceAir was founded in 2015 by Dmitry Korolev, Maria Khokhlova, Alexander Solovyov and Nikita Ushakov. The platform allows builders and contractors to remotely monitor the progress of work at a construction site using drones. The service periodically creates 3D copies of the construction site using drones, and then the system checks the correspondence of the images with the project documentation.
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Karina Pardaeva
Source: RB
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