Buildots Raises $130 Million, Reaching Nearly $1 Billion Valuation

Israeli construction-technology company Buildots has raised $130 million in primary equity at an estimated valuation of nearly $1 billion. O.G. Venture Partners led the round, taking total funding since the company was founded in 2018 to $297 million. Buildots says its AI platform uses footage from 360-degree helmet cameras to monitor building progress, flag schedule slippage and recommend corrective action, reducing delays by 50% and saving about three months on average. The company employs more than 400 people, including 260 in Israel, and says revenue tripled last year as demand from data-center projects accelerated.