Shared 26 March, 2025
Specter Automation, a German construction tech startup, has expanded its seed funding round to over €5M to advance its 3D site management technology, including investments from Shilling VC, Almaz Capital, and PAWAO.
Oliver Eischet, co-founder and CEO, says, “We are thrilled to have the continued trust of our investors and welcome new partners who share our vision for the future of construction.”
“This funding extension enables us to accelerate our mission to digitise construction sites worldwide, making planning and execution more efficient, transparent, and data-driven.”
Ricardo Jacinto, Managing Partner at Shilling VC, says, “The construction industry is at a real turning point – digitisation is no longer a nice-to-have, it’s essential for efficiency and growth. What we find particularly exciting about Specter Automation is how they’re tackling one of the industry’s biggest gaps: connecting pre-construction planning with on-site execution.”
“Their innovative use of 3D models is transforming how construction sites operate, driving significant progress in the industry’s digital evolution, and that kind of innovation can be a real game-changer.”
The construction sector, making up 13% of global GDP, is undergoing digital transformation. McKinsey reports that 96% of construction data is unused, causing inefficiencies.
Specter Automation enhances construction execution by leveraging data-driven processes and real-time insights. Using 3D models as the foundation for site coordination, the platform enables project teams to improve decision-making, streamline workflows, and enhance transparency across stakeholders.
Dr. Lars Gussen, Senior Investment Manager at TechVision Fund, says, “Digitisation is rapidly reshaping the construction industry, and Specter Automation is at the forefront of this transformation. Their 3D site management technology is already proving invaluable to major construction players, and we are excited to continue supporting their journey towards global expansion.”
Aniruddha Nazre, Partner at Almaz Capital, adds, “Specter is elevating lookahead planning for the world’s top construction companies by unifying pre-construction and execution data in a 3D model-based software to unlock $100B of value.”
“With this funding, the company is well-positioned to accelerate its expansion and continue to bring innovations in AI using 3D-based site management to an even larger global audience.”
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