VentureOn Partners has made a strategic investment in construction technology firm Deep Space, aimed at expanding its domestic and international operations.

Information on the Target

Deep Space is a pioneering construction technology (contech) firm that specializes in providing data integration and automation tools for construction projects. Based on innovative data solutions, Deep Space brings critical information together to enhance transparency, reduce risks, and support quicker decision-making for industry professionals. The company's unique offerings include advanced data acquisition tools, secure cloud storage, and their proprietary Core Thread Technology, which have already showcased impressive outcomes in landmark projects like the Hong Kong Airport and Cross River Rail.

As a trusted partner for major construction ventures worldwide, Deep Space continues to redefine efficiency and data management, solidifying its role as a key player in the evolving contech landscape. With a solid operational foundation and an increasing global presence, the company aims to significantly impact the efficiency of constructions on a larger scale.

Industry Overview in Australia

The construction technology sector in Australia is rapidly growing, driven by the increasing demand for innovative solutions within the construction industry. As traditional methods give way to more efficient technology-driven approaches, contech companies are emerging to address challen