The annual competition, now in its eighth edition, received a large number of startup applications from over 70 countries. Startup solutions were categorized into four focus areas that correspond to current pain points in the construction value chain: Green Construction (sustainability), Enhanced Productivity (efficiency), Construction Supply Chain (timeliness), and Future of Construction (disruption).
The most promising startup solutions from each focus area were named yesterday (22 October) Construction Startup Competition 2024’s champions: GSCAN [Estonia], Kaya AI [US], KRAAFT [France], MIXTERESTING GmbH [Austria], Raise Robotics [US], revitalyze [Austria], Sodex Innovations [Austria] and Trunk Tools [US].
The eight aforementioned winners will advance to the competition’s final milestone, Pitch Day 2024, and present their solutions to executive representatives from the competition’s partner companies, industry investors and potential business partners at Trimble Dimensions User Conference on November 12 in Las Vegas, Nevada. The three startups with the best pitches will receive cash prizes, be named the gold, silver and bronze medalists, and continue to be evaluated for potential partnership opportunities with the host companies.
Over the last eight years, Construction Startup Competition has been a launching pad for more than 3,500 startups to network, validate their solutions through pilots and deployment projects, gain industry recognition, and facilitate fundraising with the mission to advance innovation in construction and promote the adoption of startup technologies.
As the construction sector undergoes a technological revolution, the competition hosts are saying to startups, “Let’s build something bigger together!” Contech & Cleantech startups looking to meet with investors, pilot their solutions and make a significant impact in the construction industry can join the competition partners and winners at Trimble Dimensions User Conference.
Since its first edition in 2017, startups from more than 80 countries have participated in the biggest challenge aimed at startups in the construction industry, the Construction Startup Competition. Many entrepreneurs have gone on to collaborate with the participating companies after applying to the Competition. Given the global outreach of its partners, the 2024 edition received an increase in the number of startup applications to identify the most innovative solutions around the world, continue growing the Contech ecosystem and begin agile adoption of applicants’ innovative technologies and business models.
