AI-BOB raises €2 million in funding to enhance its AI-driven construction compliance and error detection solutions, positioning itself for international expansion.

Information on the Target

AI-BOB is a Stockholm-based ConTech startup founded in 2024 by Elin Mårtensson, Petter Wallberg, Rickard Svedenmark, and Olle Eriksson. The company is dedicated to revolutionizing the construction industry through the use of AI-powered solutions for compliance and error detection. AI-BOB’s platform assists property developers and architects in identifying design errors early in the project lifecycle, which ensures that construction projects are completed on time, within budget, and with minimal environmental impact.

The inception of AI-BOB was influenced by Elin Mårtensson's experiences as a property developer. She observed that construction errors frequently resulted in delays, increased costs, and unnecessary waste. This realization spurred the establishment of AI-BOB, which leverages artificial intelligence to analyze blueprints with high accuracy, aiming to turn the adverse challenges of the construction sector into opportunities for enhancing efficiency and promoting sustainable building practices.

Industry Overview in Sweden

The construction industry in Sweden has been experiencing significant transformations, driven by technology advancements and the growing need for sustainable practices. With national initiatives aimed a