Skip to main content
https://www.highperformancecpmgate.com/rgeesizw1?key=a9d7b2ab045c91688419e8e18a006621

Nodes & Links raises $11M to — maybe — save billions on the big projects the world needs now

Nodes & Links is a scheduling platform for large-scale infrastructure projects which works out when the nuts and bolts for the bridge (for example) should be delivered, and in what order. Unsurprisingly, complex infrastructure projects often get this wrong. The company has now raised an $11 million Series A funding round led by urban sustainability-focused fund 2150, alongside Zigg Capital and Westerly Winds, with participation from existing investors Entrepreneur First, ADV and Seedcamp.

Launched in 2018, the company’s Aegis platform is used by Balfour Beatty, Costain and BAM Nuttal, and claims to have delivered millions in cost savings on infrastructure projects, because the building materials and assembly ends up being organized in the right order. Given that most major projects run significantly over time and over budget, scheduling correctly can make a huge difference to costs, as well as the impact on the environment.

The company quotes a survey by Oxford University that found that only 8% of infrastructure projects get delivered on time and on budget.

“Complex projects account for over 4% of the world’s GDP, yet only 8% of them complete on budget and on time,” Nodes and Links CEO Greg Lawton said. “This is largely because humans are responsible for all tasks within projects, even the repetitive and complex ones they’re unsuited to, instead of the high-value, creative activities people are uniquely qualified for. By expanding our workforce to include machines, better decisions will be made and better projects delivered. We firmly believe that the work we’re doing is going to have the same impact as automation did in manufacturing and this new investment will help us accelerate its adoption for the common good.”

Nodes & Links competes with large infrastructure software such as Oracle Primavera, as well as plain old Excel spreadsheets, for obvious reasons.

“The world is accelerating its investment into linear infrastructure, much of it with a focus on sustainability and resilience,” Christian Hernandez, Partner at 2150 said. “Time is the biggest lever available to ensure that trillions of dollars of projects starts delivering benefits to our planet and Nodes & Links has proven that they can help large and complex engineering projects deliver on that.”

Investment in construction automation is essential to rebuilding US infrastructure

 

Comments

Post a Comment

Popular posts from this blog

Uber co-founder Garrett Camp steps back from board director role

Uber co-founder Garrett Camp is relinquishing his role as a board director and switching to board observer — where he says he’ll focus on product strategy for the ride hailing giant. Camp made the announcement in a short Medium post in which he writes of his decade at Uber: “I’ve learned a lot, and realized that I’m most helpful when focused on product strategy & design, and this is where I’d like to focus going forward.” “I will continue to work with Dara [Khosrowshahi, Uber CEO] and the product and technology leadership teams to brainstorm new ideas, iterate on plans and designs, and continue to innovate at scale,” he adds. “We have a strong and diverse team in place, and I’m confident everyone will navigate well during these turbulent times.” The Canadian billionaire entrepreneur signs off by saying he’s looking forward to helping Uber “brainstorm the next big idea”. Camp hasn’t been short of ideas over his career in tech. He’s the co-founder of the web 2.0 recommendatio
Post a Comment
Read more

Drone crash near kids leads Swiss Post and Matternet to suspend autonomous deliveries

A serious crash by a delivery drone in Switzerland have grounded the fleet and put a partnership on ice. Within a stone’s throw of a school, the incident raised grim possibilities for the possibilities of catastrophic failure of payload-bearing autonomous aerial vehicles. The drones were operated by Matternet as part of a partnership with the Swiss Post (i.e. the postal service), which was using the craft to dispatch lab samples from one medical center for priority cases. As far as potential applications of drone delivery, it’s a home run — but twice now the craft have crashed, first with a soft landing and the second time a very hard one. The first incident, in January, was the result of a GPS hardware error; the drone entered a planned failback state and deployed its emergency parachute, falling slowly to the ground. Measures were taken to improve the GPS systems. The second failure in May, however, led to the drone attempting to deploy its parachute again, only to sever the line
Post a Comment
Read more

ProtonMail logged IP address of French activist after order by Swiss authorities

ProtonMail , a hosted email service with a focus on end-to-end encrypted communications, has been facing criticism after a police report showed that French authorities managed to obtain the IP address of a French activist who was using the online service. The company has communicated widely about the incident, stating that it doesn’t log IP addresses by default and it only complies with local regulation — in that case Swiss law. While ProtonMail didn’t cooperate with French authorities, French police sent a request to Swiss police via Europol to force the company to obtain the IP address of one of its users. For the past year, a group of people have taken over a handful of commercial premises and apartments near Place Sainte Marthe in Paris. They want to fight against gentrification, real estate speculation, Airbnb and high-end restaurants. While it started as a local conflict, it quickly became a symbolic campaign. They attracted newspaper headlines when they started occupying prem
Post a Comment
Read more