EN
Cologne, Germany – 26th March 2025 – specter automation, the pioneering construction tech startup, has extended its Seed Round to over €5 million in funding to further drive innovation in 3D site management. The round includes investments from Shilling VC based in Portugal, Almaz Capital, headquartered in the US, and PAWAO, alongside superangels and leading industry thinkers from architecture, construction, and innovation. The company is particularly proud of the renewed and strengthened commitment from its existing investors, TechVision Fund, LBBW Venture Capital, and xdeck Ventures, reinforcing their confidence in the company's anticipated future growth in the DACH region and beyond.
Construction Tech’s Growing Momentum
The construction sector, which accounts for approximately 13% of global GDP, is undergoing a significant digital transformation. According to McKinsey, 96% of construction data remains unused, leading to inefficiencies, delays, and budget overruns. specter automation addresses this challenge by introducing a data-driven approach to construction execution, enabling stakeholders to optimize planning, coordination, and documentation with real-time insights.
“The construction industry is at a real turning point – digitization is no longer a nice-to-have, it’s essential for efficiency and growth,” said Ricardo Jacinto, Managing Partner at Shilling. “What we find particularly exciting about specter automation is how they’re tackling one of the industry’s biggest gaps: connecting pre-construction planning with on-site execution. Their innovative use of 3D models is transforming how construction sites operate, driving significant progress in the industry's digital evolution, and that kind of innovation can be a real game-changer.”
Revolutionizing 3D Site Management
specter automation is transforming construction execution with its leading software for 3D site management, providing the most natural way to plan, communicate, and document construction processes. By placing 3D models at the center of site coordination, specter enables project teams to make data-driven decisions, reducing inefficiencies and enhancing transparency among stakeholders.
"Digitization is rapidly reshaping the construction industry, and specter automation is at the forefront of this transformation. Their 3D site management technology is already proving invaluable to major construction players, and we are excited to continue supporting their journey towards global expansion," said Dr. Lars Gussen, Senior Investment Manager at TechVision Fund.
International Expansion and Industry Adoption
The additional funding comes at a pivotal moment for specter automation, as the company continues its expansion beyond Europe, with active projects and customers in North America, the Middle East, and Asia - and, most recently, even in New Zealand. Already trusted by most of Germany’s top 20 construction firms, specter is gaining momentum among global industry leaders eager to boost construction site efficiency through digitalization.
“specter is elevating lookahead planning for the world’s top construction companies by unifying pre-construction and execution data in a 3D model-based software to unlock $100 billion of value,” said Aniruddha Nazre, Partner at Almaz Capital. “With this funding, the company is well-positioned to accelerate its expansion and continue to bring innovations in AI using 3D-based site management to an even larger global audience.”
Funding to Accelerate Growth and Customer Success
The newly secured capital will be used to scale specter’s go-to-market team, ensuring a strong presence in key international markets. Additionally, the company is investing in a dedicated success team, focused on driving outstanding results for existing partners and optimizing adoption of 3D site management technology.
“We are thrilled to have the continued trust of our investors and welcome new partners who share our vision for the future of construction,” said Oliver Eischet, Co-Founder and CEO of specter automation. “This funding extension enables us to accelerate our mission to digitize construction sites worldwide, making planning and execution more efficient, transparent, and data-driven.”