Stockholm-based Brickanta, which uses AI to automate construction planning, has raised an $8 million in a seed round led by Northzone, with backing from Y Combinator, SSE Business Lab, and 20VC.
- Founded in 2018 by Lucas Otterling and Linus B. Fahlander, Brickanta develops an AI-native platform for the construction industry that focuses on pre-construction workflows, including bid analysis, cost estimation, and procurement.
- The platform leverages historical project data, tender documents, and industry standards to identify risks, surface gaps, and highlight opportunities in project plans.
- It automates labor-intensive tasks, such as generating RFP bundles and cost estimates, reducing manual work from hours or days to minutes. Brickanta also captures project knowledge and decisions throughout the planning process, making information instantly accessible and continuously analyzing data to prevent errors and cost overruns.
"We’re building the AI-native operating system for construction, starting with bringing industry know-how AI to the pre-construction workflows that determine the outcome of entire projects: bid analysis, cost estimation, and procurement," Brickanta's team, commented on LinkedIn.
Details of the deal
- Brickanta’s $8 million seed round was led by Northzone and backed by AI and tech founders (OpenAI, Google, Meta, Lovable, Tandem Health), construction and real estate leaders (Newsec, Catella, Peab, SPV Group), Y Combinator, SSE Business Lab, 20VC, and footballers Mario Götze and Cody Gakpo.
- Brickanta will use the fresh funding to expand its team, accelerate the development of its AI-native operating system, and enhance tools for pre-construction workflows such as bid analysis, cost estimation, and procurement.
- The company also plans to strengthen its presence in European markets by working closely with customers to ensure adoption and refine its platform, laying the groundwork for future global expansion.
