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Israeli startup Swapp lands Seed funding to inject construction with a touch of AI Swapp leverages AI technologies to provide real estate developers and construction companies value in tome and costs. Yaneev Avital / 24 Jan 2021 • 1 min read Israeli startup Swapp, an AI-driven platform for construction planning, announced a $7 million Seed round. The investment was led by Point72 Ventures and Entrée Capital, with participation from existing investors. A complete construction plan in weeks Swapp s AI platform helps real estate developers and construction companies control every phase of their project planning process. In addition to generating, optimizing, and iterating design options, Swapp s platform also supports construction coordination of structural, architectural, engineering, mechanical, electrical, and plumbing (ME ....
Steven Cohen-led venture capital firm invests in Israel-based startup [The Stamford Advocate, Conn.] Jan. 23 STAMFORD Point72 Ventures, the venture capital business founded by billionaire hedge fund investor Steven Cohen, announced this week that it was co-leading a $7 million investment in a construction planning technology firm. The seed funding will support Tel Aviv, Israel-based Swapp in expanding its construction planning platform and artificial intelligence capabilities, according to an announcement of the investment, which was co-led by Venture capital firm Entrée Capital, with existing investors also participating. “We believe Swapp has the ability to reinvent architecture by automating the entire construction planning process,” Daniel Gwak, a partner at Point72 Ventures, said in a statement. “Swapp’s AI-powered platform is designed to help modernize real estate development by simplifying the slow and fragmented planning process, allowing developers ....
AI-powered construction planning company Swapp announced on Thursday that it raised $7 million in seed. The round was led by Point72 Ventures and Entrée Capital with the participation of existing investors. It is expected that the funds will support Swapp’s expansion and expand its AI capabilities. Swapp helps streamline the conception, architectural design, and engineering processes for real estate developers and construction companies to help them control all phases of their projects. The platform lets users create their entire construction planning, including feasibility assessments, documents, and plans.
Eitan Tsarfati, Co-founder and CEO of Swapp. Photo: Swapp “Swapp’s AI solution is a game-changer in the field of real estate development and construction-planning,” said Eitan Tsarfati, Co-founder and CEO of Swapp and former General Manager of Autodesk Israel. “Real estate developers and construction companies can use a single platform ....
Swapp Raises $7 Million Seed Round Led by Point72 Ventures and Entrée Capital USA - English News provided by Share this article Share this article TEL AVIV, Israel, Jan. 21, 2021 /PRNewswire/ Swapp, an AI-powered construction planning company, announced today that it raised $7 million in Seed funding, led by Point72 Ventures and Entrée Capital with the participation of existing investors. The investment will support Swapp s continued market expansion for its construction-planning platform and expand its AI capabilities. By streamlining the conception, architectural design, and engineering processes, Swapp s AI platform helps real estate developers and construction companies maximize their property investments and realize the full potential of their sites and projects by enabling them to directly control every phase of their project planning process. ....
Results for Lessons learned from resilient entrepreneurs as 2020 comes to an end With 2020 came social lows and innovation highs, COVID accelerated the tech sector to its next phase. A veteran startup & VC advisor takes us on a trip telling the story of the year of the pandemic through eyes of its resilient entrepreneurs. Guest Contributor / 30 Dec 2020 • 7 min read For Israeli entrepreneurs and startups, 2020 began like many others. With the auspicious nature of “2020 Visioning” entrepreneurs turned corners into a new decade, dazzled, hopeful and inspired to bring tech to new heights. Startup founders wrote new goals, marked KPI benchmarks and set their eyes on new funding prospects. But with the COVID pandemic, we know things played out differently during 2020. ....