WORLD AI Clearing raises USD 2 mln in seed funding
Technologyschedule 29 December 2020
AI Clearing's co-founders Michael Mazur and Adam Wiśniewski
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The system eliminates errors and fraud by analysing overhead images, geospatial data and CAD/BIM designs
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AI Clearing, Inc. has raised USD 2 mln in seed funding to accelerate the development – at its R&D centre in Warsaw – of its artificial intelligence system for monitoring the progress of construction projects.
Tera Ventures led the round, with co-investors Inovo Venture Partners and Innovation Nest also taking equity stakes in the Texas-based construction tech startup.
AI Clearing eliminates errors and fraud by analysing overhead images, geospatial data and CAD/BIM designs to monitor the progress of infrastructure projects, thus ensuring that the work is on track, on time and in line with the designs. The system enables contractors and investors to track the progress of infrastructure projects up to
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