Node & Links is a scheduling platform for large-scale infrastructure projects that function when nuts and bolts for bridges (for example) must be delivered, and in what order. Not surprisingly, complex infrastructure projects are often wrong. The company has now raised the $ 11 million funding round led by funds focused on urban sustainability 2150, along with the capital of Zigg and West Wind, with the participation of investors who have the first entrepreneur, ADV and Seedcamp.
Launched in 2018, the company’s aegis platform was used by Balfour Beatty, Costain and Bam Nuttal, and claimed to have provided millions in cost savings on infrastructure projects, because building materials and assembly ended in the correct order. Given that most major projects run significantly over time and more than the budget, scheduling can correctly make a big difference in costs, and the impact on the environment.
The company quoted a survey by the University of Oxford who found that only 8% of the infrastructure projects were sent on time and according to the budget.
“Complex projects contribute more than 4% of world GDP, but only 8% of them complete the budget and on time,” said the Node and CEO of Greg Lawton. “This is mostly because humans are responsible for all tasks in the project, even repetitive and their complex is not suitable, instead of high value, unique creative activities meet the requirements. By expanding our workforce to enter machines, better decisions will be Made and better projects delivered. We strongly believe that the work we do is the same impact with automation carried out in this new manufacture and investment will help us accelerate adoption for good goodness. “
Nodes & links compete with large infrastructure software such as Oracle Primavera, as well as ordinary old Excel spreadsheets, for clear reasons.
“The world accelerates its investment into linear infrastructure, mostly with focus on sustainability and resilience,” said Christian Hernandez, partner at 2150 said. “Time is the largest lever available to ensure that the trillions of dollars projects began to provide benefits to our planets and nodes & links have proven that they can help large and complex technical projects fulfill it.”