Friday, December 2, 2022

Disperse Raises USD 16 Million to Bring AI-Powered Data to Construction Projects

By ET Bureau - September 26, 2022 1 Mins Read

Disperse, a U.K.-based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised USD 16 million in funding.

The most recent round of funding for Disperse was led by 2150, with Northzone and Kindred Capital contributing as well. The London-based company creates a digital representation of an entire construction site, complete with visual updates that track the progress of work to make it easier for all stakeholders to stay informed no matter where they are located.

With Gilbane among its clients, Disperse says it has plans to increase the scope of its work in New York and has added projects in Florida and Washington, DC.

Read More: Disperse Raises USD 16 Million to Bring AI-Powered Data to Construction Projects

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ET Bureau

The Enterprise talk Bureau has five well-trained writers and journalists, well versed in B2B enterprise technology industry, and constantly in touch with industry leaders for the latest trends, opinions, and other inputs- to bring you the best and latest in the domain.

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