€4 million funding round for AI-powered construction and mining intelligence platform.
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Bloomhaus Ventures has invested in Sodex Innovations, an Austrian AI-powered intelligence platform for the construction and mining industry.
The investment forms part of a €4 million financing round led by Munich-based Capmont Technology,with participation from Look AI Ventures, Superangels, SOSV, the OMA founders, and existing angels.
Founded in 2021, Sodex serves more than 100 customers across Europe, North America, and Australia. The company combines machine-integrated sensors, software, and artificial intelligence to help construction and infrastructure operators capture and utilize real-time operational data.
Constructionand mining remain among the world's largest and least digitized industries. Sodex addresses this challenge by enabling construction companies to precisely monitor, document, and optimize operations throughc ontinuous data collection directly from heavy machinery operating on site and real-time analysis of this data within existing project workflows and systems.
By combining hardware and software with powerful and proprietary machine learning models in a single platform, Sodex is creating the foundation for more efficient, transparent, and increasingly automated construction workflows.
“Sodex is building aunique and growing data foundation directly at the machine level, creating a defensible data moat and deeply embedding itself in day-to-day operations. This creates the basis for more efficient, transparent, and increasingly automated construction and mining processes over time” says Tim Schwichtenberg, SeniorInvestment Manager of Bloomhaus Ventures.
“What stood out to us was the team’s ability to translate complex construction workflows into a solution that customers adopt quickly and integrate into their daily operations.”