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Disperse, which brings AI-fuelled data to construction projects, raises $16M

Disperse, which brings AI-fuelled data to construction projects, raises $16M

2 years ago
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https://techcrunch.com/2022/09/25/disperse-which-brings-ai-fuelled-data-to-construction-projects-raises-16m/

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 $16 million in funding.

Founded out of London in 2015, Disperse effectively creates a digital version of an entire construction site, including visual snapshots that track the progress of work to help all stakeholders — regardless of where they’re based — keep up with things. For this, someone employed on the site (e.g. a project manager) walks around equipped with a standard 360° camera at regular intervals, and the resulting imagery is fed directly into the Disperse platform which processes the visuals and applies computer vision techniques to figure out what’s happening.