Disperse, a U.K.-based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised $16 million in funding.
Founded out of London in 2015, Disperse effectively creates a digital version of an entire construction site, including visual snapshots that track the progress of work to help all stakeholders — regardless of where they’re based — keep up with things. For this, someone employed on the site (e.g. a project manager) walks around equipped with a standard 360° camera at regular intervals, and the resulting imagery is fed directly into the Disperse platform which processes the visuals and …
