Endra closes $20M seed round amid surging demand in construction supercycle
Stockholm-based Endra, an AI-powered platform for mechanical, electrical, and plumbing (MEP) design, has secured a $20 million seed round, signaling growing investment in construction technology. This funding round, led by Notion Capital with participation from Norrsken VC, reflects the increasing demand for solutions that can streamline and automate complex building design processes. The investment underscores the potential for AI to transform the construction sector. Endra's platform aims to automate MEP design, replacing manual processes with an end-to-end workflow. The system can automatically generate MEP systems from 3D architectural models, producing building-code-compliant models, drawings, and schedules. The platform can achieve efficiency gains of over 70x, potentially reducing design times from months to hours, according to Endra. The platform's impact extends to addressing critical challenges within the construction sector, including labour shortages and the complexities of managing outsourced design units. With global construction output expected to increase significantly by 2030 and 2040, and the need for building retrofits, Endra's solution could support faster project delivery. The seed round will support Endra's expansion into new markets and further product development.
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