Suffolk Applied sciences has partnered with MassRobotics to host Robotics in Development 2023 occasion to debate the way forward for building know-how and rising robotics and AI developments
BOSTON–(BUSINESS WIRE)–Robotics and AI are proving to be highly effective, modern sources revolutionizing how buildings are constructed. To discover how this booming development can profit the {industry}, Suffolk Applied sciences, the enterprise capital platform funding the subsequent technology of firms fixing constructed surroundings challenges, lately hosted Robotics in Development 2023 at Suffolk Development’s Roxbury headquarters in partnership with MassRobotics. The occasion, sponsored by Autodesk and Hilti Enterprise, introduced collectively {industry} consultants, traders, building professionals and robotics startup founders from world wide for a sequence of panels, pitches, product demonstrations and networking alternatives.
“Robots might help to enhance security and accuracy in addition to present providers in areas the place there are labor shortages. We had been comfortable to collaborate with Suffolk and Suffolk Applied sciences in showcasing a few of these modern options to the development {industry}.” Tweet this
“Whereas the development {industry} isn’t identified for driving innovation and alter, we live in a brand new norm the place rising efficiencies and enhancing productiveness are completely obligatory for managing profitable initiatives and offering actual worth for purchasers,” mentioned John Fish, Chairman and CEO of Suffolk. “At Suffolk, our mission is to redefine the best way the world builds. To perform this bold objective, we should deliver collectively essentially the most visionary, forward-thinking leaders and organizations within the {industry} to share concepts, drive dialog and leverage our most inventive concepts to rework the constructed world via groundbreaking applied sciences and options. We’re honored to companion with MassRobotics, Autodesk and Hilti and host the numerous {industry} thought leaders who share our thrilling imaginative and prescient for the longer term.”
The day-long occasion welcomed rising robotics and AI know-how startups fixing constructed world challenges.
“A lot of our resident startups and people from throughout the globe are engaged on applied sciences which can be in a position to help many {industry} vertices and building is an {industry} ripe for adopting robotics,” mentioned Tom Ryden, Govt Director, MassRobotics. “Robots might help to enhance security and accuracy in addition to present providers in areas the place there are labor shortages. We had been comfortable to collaborate with Suffolk and Suffolk Applied sciences in showcasing a few of these modern options to the development {industry}.”
Keynote speaker Josh Lobel, Strategic Tasks Govt at Autodesk, adopted opening remarks from Mr. Fish and Mr. Ryden. Two panel discussions then explored the on-site challenges confronted by {industry} incumbents for adopting new applied sciences and what it takes to efficiently increase capital as a robotics founder in building. Later within the day, Johannes Paefgen, Director with Hilti Enterprise in Boston, spoke about Hilti’s partnerships with robotics startups:
“In our perspective, building automation is an crucial – to be safer and extra productive, but in addition to win and retain expertise in an more and more aggressive labor market. Mastering automation isn’t solely about robots, but in addition about planning, coordination, collaboration, and logistics. Contractors ought to rethink their processes, not simply their machines.”
The night culminated with 5 startups pitching their options to the room of {industry} consultants:
- Rugged Robotics – Autonomous car which streamlines guide format processes by marking fully-coordinated A/E designs instantly onto unfinished flooring.
- Component Exo – An exoskeleton that reduces the danger of work-related again accidents.
- Reframe Methods – Leveraging modular elements and robotic micro-factories to drive down the fee and supply time of net-zero multifamily residential buildings.
- Cleo Robotics – Compact and rugged unmanned aerial car geared up with cutting-edge sensing to gather vital knowledge and help with inspections in GPS-denied, harmful and tough to succeed in areas.
- Renovate Robotics – Robotic designed to cut back work at peak and make roofing extra productive for contractors.
“Given the challenges the development {industry} continues to grapple with, akin to persistent labor shortages and shrinking margins, robotics holds unimaginable promise,” mentioned Jim Lynch, Senior Vice President and Normal Supervisor of Autodesk Development Options. “A lot of our forward-thinking clients are already realizing the worth of robotics in functions like offsite manufacturing, actuality seize and tackling repetitive duties. When mixed with the ability of knowledge and machine studying, robotics can complement human labor to extend job website security, guarantee larger predictability, and enhance high quality management.”
Suffolk Applied sciences is a enterprise capital platform that invests in early stage built-world firms, working intently with Suffolk to gasoline {industry} innovation and guarantee a extra tech-driven, environment friendly and safer building course of. The agency has remodeled thirty investments in firms together with OpenSpace, Kojo, WINT and CANVAS. Suffolk Applied sciences additionally lately launched functions for its fourth annual BOOST program, an intensive six-week accelerator designed to ignite development and equip pioneering constructed world startups with the instruments to rework the AEC vertical. The eighteen startups which have graduated from this system have raised over $350 million of capital since 2021, with alumni firms together with Moxion, Passive Logic, Rugged Robotics, CalcTree, Carbon Title and Qualis Movement (Qflow).
This yr’s BOOST programming will embrace Working Companions, a bunch of common contractors, constructing homeowners and operators, actual property providers firms, materials suppliers and commerce companions who will interact with this yr’s cohort all through this system. The inclusion of Working Companions is designed to share building innovation all through the constructed world, echoing the mission of Suffolk Applied sciences’ partnership with MassRobotics, Autodesk and Hilti to host this yr’s Robotics in Development occasion.
About Suffolk Applied sciences
Suffolk Applied sciences is a enterprise capital platform funding the subsequent technology of firms fixing constructed surroundings challenges. Suffolk Applied sciences was lately acknowledged by AGC Companions because the #1 most energetic building know-how enterprise capital investor from 2018 to 2022. Led by Managing Companions Wan Li Zhu, Jit Kee Chin, and Puneet Mahajan, Suffolk Applied sciences invests in early and growth-stage startups reworking the constructed world throughout actual property and growth, structure, engineering and building, property administration, and good cities. Leveraging Suffolk’s experience and broad community of {industry} leaders, Suffolk Applied sciences companions with visionary founders to speed up industry-wide adoption of breakthrough improvements starting from pre-product to development levels. For extra details about Suffolk Applied sciences’ technique and investments, go to SuffolkTech.com.
About Suffolk
Suffolk is a nationwide enterprise that invests, innovates, and builds. Suffolk is an end-to-end enterprise that gives worth all through the complete venture lifecycle by leveraging its core building administration providers with vertical service strains that embrace actual property capital funding, design, self-perform building providers, know-how start-up funding (Suffolk Applied sciences) and innovation analysis/growth. Suffolk is a nationwide firm with $5.0 billion in annual income, 2,500 staff and predominant workplaces in Boston (headquarters), New York, Miami, West Palm Seashore, Tampa, Estero, Dallas, Los Angeles, San Francisco, and San Diego. Suffolk serves purchasers in each main {industry} sector, together with healthcare, science and know-how, training, gaming, transportation/aviation, and industrial. Suffolk is privately held and is led by founder, chairman and CEO John Fish. Suffolk is ranked #23 on the Engineering Information Document checklist of “High 400 Contractors.” For extra info, go to Suffolk.com and comply with Suffolk on Fb, Twitter, LinkedIn, YouTube, and Instagram.
Contacts
Dan Antonellis, 617-517-4232, DAntonellis@suffolk.com
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