What is a start up in construction?

The main goal of a construction startup is to create an innovative product or idea that’s never been seen before in the industry. This typically involves identifying a common pain point, creating a new product or service to address it, and optimizing it for your audience.

What are the best startups in the world?

Top 10 most successful startups in the world

• Handy.
• AdRoll.
• Lyft.
• The Honest Company.
• NJOY.
• Pure Storage.
• Airbnb. This is a project that you have surely heard about, even if you are not interested in business.
• Uber. The online taxi call service Uber belongs to startups only by formal criteria.

What is ConTech startup?

ConTech is a ConstructionTech and PropTech hub. We build a unique ecosystem connecting startups, construction industries, contractors, software companies, regulatory bodies, policymakers, and investors.

What means PropTech?

property technology
PropTech (property technology) is the use of information technology (IT) to help individuals and companies research, buy, sell and manage real estate. Similar to the way FinTech focuses on the use of technology in finance, PropTech uses digital innovation to address the needs of the property industry.

What is the future of the construction industry?

R ecognizing opportunities to disrupt the multi-trillion dollar construction industry, a slew of startups are focused strictly on developing technologies to make construction projects go more smoothly while increasing productivity and efficiencies.

Which startups are leading the way in the construction industry?

The following startups and their solutions were selected: 360 Smart Connect: Intelligent traceability to increase efficiency in construction processes (France) Arqlite: Production of artificial gravel entirely from recycled plastics, which is three times lighter and 10 times more insulating than conventional gravel (Argentina)

Who are the smart construction startups working on solutions for smart cities?

We analyzed 425 Smart Construction Startups working on solutions for Smart Cities. Mohocon, Built Robotics, Sky Tronic, Rendra AS, and Globiz are our 5 picks to watch out for. Learn more in our Global Startup Heat Map!

How much did North American construction tech startups raise in 2017?

As evidence of the growing interest in the field, funding in North American construction technology startups surged by 318 percent to $581.6 million in 2017 compared with $182.7 million in 2013, according to Crunchbase data. Investors pumped dollars into 87 known North American deals last year compared to 44 in 2013.