As the construction industry is moving towards a manufacturing-like system of mass production, relying on prefabricated, standardized components that are produced off-site, the investments have been evolving and increasing. Take a look at the endless opportunities that are growing in the construction tech industry!
As we have discussed recently, there are several innovations that have brought a great amount of productivity and growth in the construction industry, such as virtual reality, machine learning, and prefabrication.
Last year alone, there was a total of $10 billion collected in investments as early technologies have been delivering on their promises.
The early-stage venture capital has been on the rise throughout the year of 2013 to now, with a peak of investments made in 2015!
Overall, the construction industry continues to be a leader as they have accumulated the most capital from 2013 to 2018 across all sectors.