September in review: From Paris to Boston, construction tech is booming!

In this month's roundup, Owen and Martin dive into the exciting developments in the world of construction tech. We've hit major milestones, with over 1,000 email subscribers and 900 YouTube followers!

Tune in to catch up on:

✅ Upcoming Super Series episodes, including a robotics company from Amsterdam

✅ Insights from our new podcast verticals: Bitbuilders, Groundbreakers, and Corporate Innovations

✅ The fascinating world of construction in space

✅ How much top construction firms are really spending on innovation

Listen now on Spotify to stay up-to-date with the latest in construction tech.

Note: This is a repost from an episode released last month on Bricks, Bucks & Bytes.

"Building a f***ing business isn't about chasing 1% of a huge market."

In this episode, Patric Hellermann share insights on construction tech startups and investment strategies. We explored the evolving landscape of ERP solutions, 3D visualization software, and the pitfalls of lazy market assessments.

Tune in to find out about:

✅ Why targeting a small niche can lead to greater success

✅ The challenges facing new entrants in the 3D rendering space

✅ How to build a business by focusing on specific customers and channels

✅ The importance of achieving profitability in your core business

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This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.

Visit: https://maketheshft.digital

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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed.

--------------------------------- Timestamps

00:00 Introduction and Icebreaker

06:32 Navigating the Crowded Market: Opus Flow's Differentiation

10:40 The Challenges of a Red Ocean Market and Margin Compression

13:00 The Importance of Partnerships and Distribution for Opus Flow

21:37 Becoming a Category Leader: Challenges and Opportunities for Opus Flow

24:03 Introduction to the Rendering Industry

26:28 Challenges Faced by Startups

31:20 The Importance of Differentiation and Capturing Entire Workflows

36:12 The Significance of Focusing on Specific Niches

44:46 Building a Profitable Core Business

48:30 The Misconception of Targeting a Small Percentage of a Large Market

Note: This is the 1st episode of our 8 part Super Series with Foundamental. You can go and check out the complete Super Series with Foundamental at : ⁠https://bricks-and-bytes-super-series.vhx.tv/products

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In episode 001 we go right back to the start. How did Foundamental come to be? What was the “random mash-up” that led to the firm’s genesis?

Watch this episode to discover:

• The unique origin story of how three unlikely partners came together to create a global powerhouse in construction tech investing
• Foundamental’s contrarian approach to building a truly global VC firm focused on construction and AEC (Architecture, Engineering, Construction) tech
• Insights into the firm’s investment strategy, decision-making process, and how they leverage their global presence for superior returns
• The compelling macro and micro factors driving innovation in the construction industry
• How Foundamental balances diverse personalities and skillsets to create a high-performing ‘wolf pack’ of investors
• Their unconventional approach to fund size and LP relationships that maximizes potential for outsized returns

Also, if you sign up for our newsletter, we’re giving away TEN 50% off coupon codes. Sign up now: https://bricks-bytes.beehiiv.com/subscribe