Buildots is a startup that uses artificial intelligence to help speed up the construction of high-cost large-scale projects such as data centers, chip factories, and hospitals. The company has received a new round of financing of US$130 million. The startup said in a statement on Monday that the current round of financing was led by billionaire Eyal Ofer's OG Venture Partners, and institutions such as Lightspeed Ventures and Intel Capital participated in the investment. The company has raised a total of US$297 million since its inception in 2018. CEO Roy Danone said in an interview that after completing this round of financing, the startup was valued at close to $1 billion. According to the company, the Buildots platform compares actual construction progress with design plans and timelines to identify bottlenecks and anticipate delays. Its customers include chipmaker Intel, data center builder Digital Realty, and major US construction companies STO Building Group and JE Dunn Construction Co.

Buildots is a startup that uses artificial intelligence to help speed up the construction of high-cost large-scale projects such as data centers, chip factories, and hospitals. The company has received a new round of financing of US$130 million. The startup said in a statement on Monday that the current round of financing was led by billionaire Eyal Ofer's OG Venture Partners, and institutions such as Lightspeed Ventures and Intel Capital participated in the investment. The company has raised a total of US$297 million since its inception in 2018. CEO Roy Danone said in an interview that after completing this round of financing, the startup was valued at close to $1 billion. According to the company, the Buildots platform compares actual construction progress with design plans and timelines to identify bottlenecks and anticipate delays. Its customers include chipmaker Intel, data center builder Digital Realty, and major US construction companies STO Building Group and JE Dunn Construction Co.