Bricks And Bytes

Bricks And Bytes
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Jul 9, 2024 • 1h 8min

Why Latin America Needs Its Own Construction Tech Solutions - Bernardo Gamboa, Partner at Global Projects Strategy

Is Latin America the next frontier for construction tech? In this episode, we had Bernardo Gamboa, Partner at Global Projects Strategy, who shared fascinating insights into the construction tech landscape in Latin America. Tune in to find out about: ✅ The unique challenges and opportunities in the Latin American construction market ✅ How financial solutions are driving tech adoption in the region ✅ Why US companies struggle to expand into Latin America ✅ The exciting potential for AI and data-driven solutions in construction ------------------------ Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ 00:00 - Intro 00:41 - Background of Bernardo 3:45 - About BuildTech 06:47 - First Mover Advanatages That Bernardo Had In Latin America 11:30 - Examples Of Big Companies In Latin Amrerica 14:04 - Construction Tech Scenarios In Latin America 15:40 - Labor Shortage In Latin America 22:37 - Key Areas Of Investments For Bernardo 30:26 - Understanding Construction In Latin America 35:00 - Challenges In Integrating New Technologies In Construction In Latin America 39:00 - Things That Bernardo Looks Before Investing  48:50 - Future Of VC Culture In Latin America 59:20 - What Excites Bernardo About The Future Of Construction In Latin America 01:04:18 - Outro
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Jul 2, 2024 • 34min

New Podcasts, Robotic Innovations, and Modular Mistakes - June Monthly Roundup

In this month's Bricks & Bytes roundup, We discuss the latest trends and insights from the episodes we released in June. We discussed how Altaf's persistence led SnapTrude to success after 8 rejections and why Shubhankar sees huge potential in India's efficient startups and much more! We also shared about the future plans we have with Bricks and Bytes! Tune in to find out about: ✅ Why robotics and design tech are the hottest topics in construction right now ✅ How we are expanding into a podcast network with specialized shows ✅ The surprising lessons from a modular construction startup's $10 million failure ✅ Why "outcome as a service" could be the next big thing in construction robotics ------------------------------- 04:00 - What Happenned In Bricks & Bytes This Month 05:40 - Discussing Modulous Breakdown 11:30 - Future Vision and Plans of Bricks and Bytes 20:00 - Views On Accelerators & Incubators 27:10 - 1st Episode Of Bricks, Bucks & Bytes 30:43 - Plans For Next Month
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Jun 25, 2024 • 1h 6min

Why SaaS Is Dying & How Procurement Is Changing, Reality-Check On AI in Construction - Mike Powers

Are SaaS pricing models doomed in construction tech? Mike Powers thinks so. In this episode, we had Mike Powers, founder of BuildVision, and we got to learn about his contrarian take on SaaS pricing in construction, the challenges of selling to the industry, and his vision for revolutionizing procurement in mechanical and electrical equipment... and many more! Tune in to find out about: ✅ Why BuildVision avoids traditional SaaS pricing ✅ The importance of providing tangible value to construction clients ✅ Strategies for penetrating large organizations as a startup ✅ Mike's views on AI's impact on construction in the next 5-10 years ---------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ----------------------------- Timestamps: (00:00 - 07:04) - Intro (04:34 - 07:04) - What helped Mike Build BuildVision (07:04 - 11:34) - Understanding Vision of BuildVision (11:34 - 18:28) - Pricing Structure That Successful Startups Follow In Construction (18:28 - 25:10) - Mike’s Take On The Use Of AI In Construction (25:10 - 31:26) - How BuildVision Differentiates From Its Competitors (31:26 - 38:57) - Struggles While Managing To FundRaise For BuildVision (38:57 - 44:27) - How VCs Work With Team (44:27 - 52:54) - Mike’s Advice For People Who Want To Master Sales (52:54 - 01:05:12) - How Mike Made Transition From Sales To A Founder (01:05:12 - 01:05:52) - Outro
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Jun 18, 2024 • 1h 17min

Story Of A Modular Construction Startup That Burned Through £10M in 15 Months - Chris Spiceley

What could go so wrong that a £10M modular construction startup collapsed in just 15 months? In this episode, we had Chris Spiceley and we got to learn about his experience working at Modulous, a modular construction startup that went from raising £10M to liquidation in just 15 months.  Chris shares valuable insights on what went wrong, lessons learned, and advice for anyone building a construction tech startup. Tune in to find out about: ✅ The challenges of delivering modular projects in the UK ✅ Key factors that contributed to Modulus' downfall ✅ The personal impact on employees when a startup fails ✅ Chris' thoughts on the future of industrialized construction ---------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ----------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital ----------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ----------------------- Timestamps: (00:00 - 02:50) - Intro To Our Sponsors & Guest (02:50 - 07:59) - How Chris Made A Transition Into Tech (07:59 - 21:54) - About Industrialized Construction and MMCs In UK (21:54 - 28:41) - Chris's experience working at Modulous (28:41 - 31:54) - Premature Decision Made By Modulous To Expand In US (31:54 - 43:00) - Challenges That Comes With Pilot Projects (43:00 - 58:21) - Economics Of The Idea That Modulous Had (58:21 - 01:07:00) - Key Lessons Learnt By Chris (01:07:00 - 01:16:09) - Understanding Chris's Perspective On Offsite Manufacturing (01:16:09 - 01:16:50) - Outro
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Jun 11, 2024 • 1h 22min

"Generalists Will Die” - Why Construction VC Firms Will Outperform Generalists - Vivin Hegde, GP Zacua Ventures

"Construction tech funding went from less than 30 million in 2012 to around 7 billion in 2022, a more than 60x increase in just 10 years." ***Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. SIGN UP HERE*** In this episode, we had Vivin Hegde, Director at Zacua Ventures, and we got to learn about his personal journey from an engineer in India to a VC in the US, Zacua's unique investment thesis, and how becoming a parent has changed his perspective on work and life. Tune in to find out about: ✅ Why Vivin believes construction tech is ripe for disruption ✅ How Zacua's close relationship with LPs gives them an edge in investing ✅ The 3 key things Zacua looks for in early-stage startups ✅ Vivin's advice for founders on what to avoid when scaling --------------------------------------------- Stay ahead. Get all the news and insider exclusives delivered straight to your inbox.  LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ —--------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital —---------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ----------------------------------- Timestamps: (00:00 - 02:52) - Intro To Our Sponsors & Guest (02:52 - 14:05) - How Vivin Got Into Venture Capitals (14:05 - 17:40) - How To Figure Out A Good Partner In Business (17:40 - 27:00) - About Zacua Ventures (27:00 - 29:27) - How Zacua Ventures Operates As A Team From Different Parts Of The World (29:27 - 42:30) - Investment Thesis Of Zacua Ventures (42:30 - 55:55) - Vivin's Perspective On Robotics In Construction (55:55 - 01:04:00) - Relationship Between Ventures Firm And Limited Partner (01:04:00 - 01:07:00) - How To Identify Real Problems Before Investing (01:07:00 - 01:13:45) - Where Startups Go Wrong In Construction Tech (01:13:45 - 01:21:17) - How Becoming A Parent Has Impacted Vivin's Life (01:06:21 - 01:21:17) - Problems of Construction Tech Across Different Geographies (01:21:17 - 01:22:18) - Outro ------------------------- #podcast #construction #constructionindustry #bricksandbytes #startups #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship
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Jun 7, 2024 • 1h 11min

Identifying High-Impact Construction Tech Opportunities | Aaron Toppston & Yaniv Lusana - GS Futures

Ever wondered how major VC firms evaluate and invest (or reject) in construction technology startups? In this episode, we sit down with Aaron Toppston and Yaniv Lusana of GS Futures, a major venture capital firm backing the next generation of construction technology. Discover how they're identifying the "painkillers" that are transforming the industry, from autonomous robots navigating complex job sites to AI-powered solutions revolutionising every stage of the construction lifecycle.  Discover the unique challenges and opportunities in this rapidly evolving space. Take a look into the future of construction and the technologies that are set to transform it.  Key Takeaways: GS Futures' prime focus: Identifying "painkiller" technologies that solve critical construction pain points Hot areas: Robotics, AI, digital twins, supply chain management, low-carbon materials Top traits they seek in founders: Deep industry understanding, clear product vision, ability to sell Underinvested spaces ripe for innovation: Workflow solutions, stakeholder connectivity Insights on evaluating venture-backability, managing investor expectations, and more And much more.  --------------------------------------------- Stay ahead. Get all the news and insider exclusives delivered straight to your inbox.  Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ----------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital —---------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ---------------------------------- Timestamps: 00:00 - Intro To Our Sponsors 02:30 - Intro To Yaniv, Aaron & GS Futures 15:12 - Tech As A 'Vitamin' Vs Tech As A 'Painkiller' 22:50 - Green & Red Flags On Founders For Investors 32:00 - VC's Perspective On Robotics Startups 40:50 - Why Corporate Venture Capital Investor V/s Venture Investors 59:10 - How Startups Can Get Venture-backed 01:04:00 - Impact of Liquidity For VCs 01:08:18 - Vision of GS Futures 01:09:47 - Outro ------------------------------ #podcast #construction #constructionindustry #bricksandbytes #startups #architecture #design #civilengineering #engineering #constructiontechnology #engineer #architect #civilengineer #concrete #podcaster #podcasting #entrepreneur #podcasts #podcastlife #startups #entrepreneurship
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Jun 4, 2024 • 1h 12min

Why Construction Is The New Hotbed Of Tech Innovation| Omar El-Ayat, General Partner at Euclid Ventures

Join us as Omar El-Ayat, general partner at Euclid Ventures, takes us on a journey into the exciting world of vertical SaaS - and explains its phenomenal impact on the construction industry. Discover how purpose-built software is tackling age-old challenges in construction, helping businesses overcome fragmentation and streamline complex processes. Plus, hear why investing in founders with deep domain expertise is crucial, the importance of addressing critical "hair on fire" problems, and how new technologies like generative AI could influence the next wave of innovation. Key Takeaways: Understand how Vertical SaaS differs from horizontal software and why it's essential for the construction industry. Learn the importance of domain expertise and industry connections in fostering successful Vertical SaaS ventures. Discover the significance of addressing acute pain points ("hair on fire" problems) to drive technology adoption. Tune in to uncover how Vertical SaaS is not just a trend but a transformative force in the construction industry! -------------------------------------------- Stay ahead. Get all the news and insider exclusives delivered straight to your inbox. Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ --------------------------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital —---------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ----------------------------------- Timestamps: (0:00 - 2:14) - Intro to Guest and Sponsor (2:14 - 9:30) - Omar's journey as a Venture Investor (9:30 - 14:15) - How To Spot Large Underserved Industry For Investment (14:15 - 15:40) - What Is Vertical SaaS (15:40 - 24:10) - Omar's Approach to Industry where He Is Not An Expert At (24:10 - 32:27) - Recurring Challenges While Selling In Construction (32:27 - 48:30) - Omar's Views on Go-To-Market In Construction (48:30 - 56:20) - Importance of AI while choosing Startups In Vertical Startup (56:20 - 58:36) - Importance of Profitability While Investing In Startups (58:36 - 01:10:52) - Learnings Omar's Learned Building Euclid Ventures (01:10:52 - 01:11:31) - Outro
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Jun 1, 2024 • 34min

BBBC 01/06 - Innovations, Challenges, and Investor Perspectives On Sustainable Building Materials

Are you curious about the latest innovations in sustainable building materials and the challenges of bringing them to market? 🤔 In this episode of Bricks and Bytes Broadcast, we had Gregory Dewerpe, founding partner at AO PropTech, and we got to learn about the complexities of retrofitting for energy efficiency, the role of venture capital in construction tech, and how startups are digitizing the installation process... and many more! Tune in to find out about: ✅ Innovations in sustainable building materials like timber and insulation ✅ Challenges with adoption and commercialization timelines for new materials ✅ How software is enabling more efficient and traceable retrofitting ✅ The impact of regulations and certifications on construction innovation ---------------------------- Chapters 00:00 Introduction and Setting the Stage 02:00 Exploring Sustainable Building Materials and New Startups 07:28 Challenges of Insulation and Retrofitting Work 08:27 Regulations and Impact on Construction Industry
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May 31, 2024 • 36min

Trials And Triumphs: AI, Robotics, and Investment Strategies | May Roundup with Owen & Martin

Join Owen and Martin as they take you on a journey of May's most groundbreaking conversations in the world of construction tech. From Berlin to Amsterdam, the pair uncover the secrets behind the industry's most innovative minds and reveal the strategies that are transforming the way we build. Explore billionaire investment strategies from ex Goldman Sachs Managing Director and masterclass framework for innovation implementation. Prepare to be inspired: The power of constraint: How limitations can actually fuel creativity and drive innovation. The rapid iteration mindset: Why embracing constant change and experimentation is key to staying ahead. The future of automation: How robotics, AI, and data are revolutionising architecture and construction. The untapped potential of retrofitting: Why upgrading existing buildings could be the next big thing. And much more. —--------------------------- Stay ahead. Get all the news and insider exclusives delivered straight to your inbox. Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X?Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ ---------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital —---------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. --------------------------------- (00:00 - 00:37) - Intro to Our Sponsors (00:37 - 04:09) - What happened last month in Bricks and Bytes (04:09 - 18:30) - What did we learn last month (18:30 - 34:48) - Guests we had this month (34:48 - 36:23) - Bricks and Bytes Broadcast
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May 28, 2024 • 1h 20min

Why Most Construction Tech Startups are Doomed to Fail | KP Reddy, Founder of Shadow Ventures

What does it REALLY take to launch a successful construction tech startup? KP Reddy, a global authority in AEC and founder of Shadow Ventures, pulls back the curtain and reveals the secrets behind startup success. Join us for an eye-opening episode with Reddy – a VC, founder, CEO, advisor, investor, professor and author – to learn how to break into the industry. Listen to how he combines expertise in advanced technologies with critical, in-the-trenches experience. Discover his unique take on the future of venture capital driven by AI – and how it can transform the way startups are built and funded. Key takeaways: Founders must remain curious and validate their ideas before launching AI could significantly lower barriers to entry for software startups The construction tech space is ripe with opportunities for innovation Shadow Ventures is supporting early-stage companies with industry expertise and connections And much more. --------------------------- Tune in now to learn from one of the most knowledgeable and experienced voices in the construction tech industry. Stay ahead. Get all the news and insider exclusives delivered straight to your inbox. Sign up for our newsletter The Bytes Line at: https://bricks-bytes.com LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X?Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/ —--------------------------- This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future. Visit: https://maketheshft.digital —---------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed ----------------------------------- Timestamps: (00:00 - 02:36) - Intro (02:36 - 09:30) - KP's Construction Background (09:30 - 20:06) - Finding The Right Founders In Construction Tech (20:06 - 23:47) - KP's Experience Writing 3 Books (23:47 - 30:19) - Advice for Founders Who Just Raised Money (30:19 - 35:50) - Portfolio Companies That KP Has Invested At (35:50 - 41:18) - Startups Building Tangible Things (41:18 - 50:29) - Process Followed In Backend by Shadow Ventures (50:29 - 59:15) - Corporate Venture Capitalists (59:15 - 01:12:41) - How VCs Identify Good Robotics Startups (01:12:41 - 01:19:42) - How Much Importance VCs Give To Profitability (01:19:42 - 01:20:20) - Outro

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