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Our library of thoughts about everything AECS-Tech, spanning design, construction, renovation, blue-collar and robotics, B2B marketplaces, supply chains and logistics. Plus the occasional sneak peeks into the Foundamental family life.

Practical Nerds

The latest in venture and technology in the real world, from construction-tech to design-tech. Two early-stage investors shooting the breeze about startups, founders and venture funding. We talk about design, construction, renovation, blue-collar, robotics and supply chains. Hosted by Patric Hellermann and Shub Bhattacharya, General Partners at Foundamental

Practical Nerds Podcast

AEC_VC

Reflections of a VC in AEC technology (architecture, engineering and construction-tech). What fascinated me last week.

AEC_VC Content

Articles

Covering a spectrum of verticals on construction, 3D and design, including renovation, blue-collar workforce and robotics, supply chains and logistics.

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If you ever get exhausted by our takes on the real world, here’s what the real world says about itself.

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$498 million funding, 5 new startups, new content hub: Foundamental's H1-2024 in review
Foundamental's portfolio raised $498 million in H1-2024. We added 5 new founder-partnerships to our family, from across the globe. Here you find all the details from the last 6 months in Foundamental.
Articles
Markets Observatory
The State of AECS-Tech and Constru-Tech in Q2 2024 ⎟VC Funding Statistics
We just wrapped up our Q2 2024 analysis of AEC, Constru, and related Supply Chain-Tech funding, and the numbers are compelling. Our sector continues to beat expectations, showing counter-cyclical growth and an expanding macro capital allocation.
AEC_VC
Markets Observatory
VARM raises €5.7M Seed to address skill gaps in building insulation after Foundamental led the Pre-Seed
VARM fills the skills gap that hampers large-scale insulation efforts. By connecting a local workforce of independent insulators with its insulation technologies, VARM aims to help scale building insulation. Foundamental led VARM's Pre-Seed in 2023.
Press
Europe
Workforce | Blue-Collar
Outcome-as-a-Service ⎟The playbook ingredients for startup founders in AECS
Exploring the rise of Outcome-as-a-Service models in construction tech, we dive deeper into the ingredients and the playbook founders can use to build an OaaS category creator.
Practical Nerds
Frameworks | Models
Logistics for building materials distribution, Tenderd, Saudi Arabia, gross margins
In this episode, we explored Tenderd's $30M Series A funding, signaling the Middle East's growing importance in construction innovation. We also dissected a billion-dollar acquisition that could reshape the building materials' logistics landscape.
Podcast
Middle East
Markets Observatory
The Hidden Pitfalls of Construction Tech | Why Startups Stumble in AEC
This week, we are discussing some repeated mistakes we have seen lead to fails among AECS founders once too often.
Practical Nerds
Frameworks | Models
The P&L of the Construction Industry
Discover why the traditional SaaS model doesn't always work (at first) in construction. We dive into the industry's P&L, revealing why services trump software and how startups can tap into a market 50 times larger.
AEC_VC
Frameworks | Models
VCWire: Interview With Patric Hellermann at Foundamental
Foundamental sat down with VCWire to elaborate on our vertical B2B investment focus in the AEC and Supply Chain sectors, our investment strategy, cheque sizes and follow-ons, and our convictions why vertical singularities and the Onion Founder type get us excited about startups building in the real-world.
Press
Inside Foundamental
The future of building energy assessment, and why 70% of your investors will harm your AEC startup
Remote sales in constru-tech, bad generic investor advice, energy audits, and a recent construction cost survey.
Podcast
Markets Observatory
Navigating the Seasons | AEC Industry Seasonality Cycles and Founder Strategies
This week, we explore the diverse impacts of seasonality on the construction industry and related markets, and the strategies and adjustments founders can make to maximize return on distribution, services and overhead against their seasonalities.
Practical Nerds
Markets Observatory
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