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The Evolution Of Global Construction Technologies

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Mar 7, 2023

In the fourth episode of Season 11 of the Propcast,
host Louisa Dickins is joined by Antonia Soler,
Director of Hilti Technology Office at Hilti and Vivin Hegde, GB and
Founding Partner at Zacua
Ventures
, an early stage global VC specialised in investing in
the Built Environment sector.

 

Episode Highlights:

  • How Antonia and Vivin both met
    whilst working at Hilti

  • The Women in Construction Tech
    Group that Antonia has co-founded

  • The events and chapters WCT are
    running

  • How Zacua Ventures started and
    where the idea came from

  • Vivin’s advice to founders looking
    to scale towards an exit

  • The evolution Vivin believes early
    startups need to go through in order to be successful

  • The challenges around digitising
    construction and how Antonia suggests these are addressed

  • The importance of understanding
    what it’s actually like to work in construction when trying to
    build a solution 

  • Where Antonia and Vivin expect to
    see investment being made in 2023

  • The difference in investments
    between early stage and late stage 

  • The reasons why interest in Series
    B is quieter in terms of investment

  • How construction technologies are
    helping with sustainability

  • The technologies being developed
    to address prefabrication and modular construction

Resources:

Shout outs:

 

Key Takeaways:

  • And this is where the seeds of
    Zacua Ventures  were sewn, right? We had built a network, we’d
    seen how hard corporate innovation is for a lot of corporates, and
    we are also invested in funds. – Vivin

  • So a startup needs to be mindful
    of the exit options that they have. They shouldn’t be driven by the
    exit itself. – Vivin

  • I find that founders that spend a
    lot of time with customers in the field and in the office come up
    with the best solutions. Because they are observing workflows,
    testing solutions on the job site and otherwise learning how their
    solution can best serve their customers. – Antonia

  • So women in construction tech,
    it’s dedicated to creating opportunities and developing
    relationships for women driving innovation in the construction
    industry. We envision a construction industry where women are well
    networked, support each other, efforts to improve and advance in
    the space and otherwise. – Antonia

  • We did a survey of 80 contact
    focused VCs and corporate VCs a couple of weeks back. Just a little
    bit of the industry, I would say, and it’s positive. We do see more
    investment happening in this space. Pretty much 70% of the VCs we
    spoke to said they’re going to increase their investment rather
    than decrease in this space. – Vivin

  • I think everybody has a good view
    of how the market could look in the next 6, 12, 18 months. Even if
    it’s not rosy, it’s still more predictable than it was five months
    back. And therefore the deal flow should pick up slowly and the
    deal making should also pick up accordingly. – Vivin

 

About Our Host

Louisa Dickins

Louisa
is the co-founder of LMRE, which has rapidly become the market
leading global PropTech recruitment platform and search consultancy
with operations across North America, United Kingdom, Europe and
Asia-Pacific.

To promote the industry she is so passionate about,
Louisa set up the Global podcast ‘The
Propcast’
where she hosts and invites guests from the built
environment space to join her in conversation about innovation.

About LMRE

LMRE is globally
recognised for leading the way in Real Estate Tech & Innovation
talent management.

From the outset our vision was to become a global
provider of the very best strategic talent to the most innovative
organisations in PropTech, ConTech, Smart Buildings, ESG,
Sustainability and Strategic Consulting.

At LMRE we are fully committed at all times to exceed
the expectations of our candidates and clients by providing the
very best advice and by unlocking exclusive opportunities across
our global network in the UK, Europe, North America and
Asia-Pacific.

 

Sponsors

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your perfect clients. Get in touch [email protected]

 



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