Nodes & Links Raises $ 11 Million To – Maybe – Save Billions On Big Projects The World Needs Now – TechCrunch



Nodes & Links is a planning platform for large-scale infrastructure projects that determines when bridge nuts and bolts (for example) should be delivered and in what order. Unsurprisingly, complex infrastructure projects are often wrong. The company has now raised an $ 11 million Series A financing round led by the 2150 fund focused on urban sustainability, alongside Zigg Capital and Westerly Winds, with participation from existing investors Entrepreneur First, ADV and Seedcamp.

Launched in 2018, the company’s Aegis platform is used by Balfour Beatty, Costain and BAM Nuttal, and claims to have saved millions on infrastructure projects as building materials and assembly end up be organized in the correct order. Since most large projects run significantly on time and over budget, proper planning can make a huge difference in costs, as well as environmental impact.

The company cites a survey from the University of Oxford which found that only 8% of infrastructure projects are delivered on time and on budget.

“Complex projects represent over 4% of global GDP, but only 8% of them are completed on time and on budget,” said Greg Lawton, CEO of Nodes and Links. “A large part of this is because humans are responsible for all the tasks within projects, even the most repetitive and complex ones that they are not suited to, instead of the high-value creative activities for which the people are particularly qualified. By expanding our workforce to include machines, better decisions will be made and better projects delivered. We firmly believe that the work we do will have the same impact as automation in manufacturing and this new investment will help us accelerate its adoption for the common good.

Nodes & Links competes with big infrastructure software like Oracle Primavera, as well as with old Excel spreadsheets, for obvious reasons.

“The world is accelerating its investments in linear infrastructure, in large part with a focus on sustainability and resilience,” said Christian Hernandez, partner at 2150. “Time is the greatest leverage available to ensure that billions worth of projects are starting to bring benefits to our planet, and Nodes & Links has proven that they can help large and complex engineering projects get there. “


Leave A Reply

Your email address will not be published.