| Hi, Agen. If you pass by a construction site today, you’re likely to see humans on the roof, nailing shingles, laying brick or rolling paint. Time-travel a few years into the future, however, and there’s a pretty good chance robots will be sharing the workload. Venture investors, anyway, are betting on a future that includes a lot of robots helping with homebuilding. Plus, want more runway? Here’s why you should consider your infrastructure costs. Investors have spent hundreds of millions of dollars to back startups working on construction robotics in recent years. The pitch from startups — that they can save time, money and risk by automating repetitive tasks — seems an easy sell given widespread construction labor shortages and rising building costs. Related Crunchbase Pro list: Construction Robotics Companies Last Funded In 2022-2024 The first three weeks of February saw more than $2.6 billion invested into artificial intelligence startups, including a half-dozen rounds of $100 million or more. Related Crunchbase Pro list: Rounds Raised By Startups Using AI In 2024 Clearly, the days when you could get a billion-dollar valuation largely based on an interesting startup idea and a good pitch to investors are over. Crunchbase data shows only 29 new unicorns were minted last year after a seed, Series A or Series B round. (One exception? You guessed it: Generative AI startups overperformed in the new early-stage unicorn ranks.) See also: The Crunchbase Unicorn Board Like many startup founders, you may find yourself looking to cut costs to extend your cash runway. Before you turn to layoffs, consider your infrastructure costs, writes guest author Alex Flanagan. Seed rounds of $5 million or more, once virtually unheard of, have become more common in recent years. Last year alone Crunchbase identified more than 1,500 angel, seed or pre-seed financings that met or exceeded this level. Related Crunchbase Pro list: Seed Rounds Of $5 Million Or More Between The Eras Tour and Barbenheimer, 2023 was a big year for consumers. Still, venture funding for the media, entertainment, and gaming industry declined. Discover the highs — and lows — of the sector as we break down the data. | 
BOOK A MEETING NOW
No comments:
Post a Comment