Foundamental has led a €2.3 million pre-seed funding round in CalcTree, an innovative engineering calculation platform aimed at enhancing efficiency and accuracy in the AEC sector.
Target Information
CalcTree is an innovative engineering calculation management platform designed to enhance efficiency by replacing traditional, manual methods that are often cumbersome and prone to errors. The platform enables engineers to convert intricate calculations into reliable, reusable templates and workflows. This capability significantly reduces the likelihood of costly mistakes on large engineering projects, where the conventional approach can lead to considerable rework and delays.
By streamlining the calculation process, CalcTree allows engineering teams to integrate their various tools and data sources, which are often disparate and scattered across different software applications, spreadsheets, PDFs, and even handwritten notes. This unified approach not only increases productivity but also promotes accuracy and consistency in engineering calculations.
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Industry Overview in Germany
Germany's engineering and construction (AEC) sector is recognized as one of the most robust in the world, characterized by its innovative practices and advanced technology adoption. As one of the largest contributors to the European economy, the AEC industry in German
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Foundamental
invested in
CalcTree
in
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M