AI architecture scale-up NavLive scoops 4m of funding to transform construction industry
Briefly

NavLive, an innovative tech company, has introduced a handheld AI-driven LiDAR scanning tool for the architecture and construction sectors, raising £3.3m in Seed funding. This technology, stemming from the University of Oxford, enables users to create highly accurate building site drawings in real-time. The funding round was led by OSE and includes contributions from various venture capital firms. The device helps facilitate 2D/3D modeling and integrates with major architecture software, significantly improving efficiency and reducing reliance on traditional surveyors. The team comprises experts from diverse backgrounds in technology and finance.
For too long architects, engineers and construction professionals have been stuck with outdated surveying methods that are both time-consuming and inaccurate—a pain point NavLive directly addresses.
NavLive's handheld AI-powered scanner enables real-time, high-precision building site scans, generating instant 2D/3D models and eliminating the need for third-party surveyors.
Read at Business Matters
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