€5 million for specter automation to drive 3D site management

Cologne-based specter automation, a ConstructionTech startup, has extended its Seed round to over €5 million in funding to further drive innovation in 3D site management, scale their go-to-market team, and invest in a dedicated success team.

The round includes investments from Shilling VC based in Portugal, Almaz Capital, headquartered in the US, and PAWAO, alongside renewed commitment from its existing investors, TechVision Fund, LBBW Venture Capital, and xdeck Ventures.

“We are thrilled to have the continued trust of our investors and welcome new partners who share our vision for the future of construction,” said Oliver Eischet, Co-founder and CEO of specter automation. “This funding extension enables us to accelerate our mission to digitise construction sites worldwide, making planning and execution more efficient, transparent, and data-driven.”

Founded in 2021, specter automation is a ConstructionTech company focused on digitising construction site execution through 3D model-based management. The company’s cloud-based software transforms traditional workflows into dynamic, real-time planning and coordination processes.

By providing seamless access to project data, specter empowers site managers, foremen, and project stakeholders to make informed decisions, improve efficiency, and reduce costs.

According to figures provided by specter automation, the construction sector, which accounts for approximately 13% of global GDP, is undergoing a significant digital transformation. 96% of construction data remains unused, reportedly leading to inefficiencies, delays, and budget overruns.

specter automation looks to address this challenge by introducing a data-driven approach to construction execution, enabling stakeholders to optimise planning, coordination, and documentation with real-time insights.

“The construction industry is at a real turning point – digitisation is no longer a nice-to-have, it’s essential for efficiency and growth,” said Ricardo Jacinto, Managing Partner at Shilling. “What we find particularly exciting about specter automation is how they’re tackling one of the industry’s biggest gaps: connecting pre-construction planning with on-site execution. Their innovative use of 3D models is transforming how construction sites operate, driving significant progress in the industry’s digital evolution, and that kind of innovation can be a real game-changer.”

By placing 3D models at the center of site coordination, specter automation aims to enable project teams to make data-driven decisions, reducing inefficiencies and enhancing transparency among stakeholders.

“Digitisation is rapidly reshaping the construction industry, and specter automation is at the forefront of this transformation. Their 3D site management technology is already proving invaluable to major construction players, and we are excited to continue supporting their journey towards global expansion,” said Dr Lars Gussen, Senior Investment Manager at TechVision Fund.

The additional funding comes at a pivotal moment for specter automation, as the company continues its expansion beyond Europe, with active projects and customers in North America, the Middle East, and Asia – and, most recently, in New Zealand.

“specter is elevating lookahead planning for the world’s top construction companies by unifying pre-construction and execution data in a 3D model-based software to unlock $100 billion of value,” said Aniruddha Nazre, Partner at Almaz Capital. “With this funding, the company is well-positioned to accelerate its expansion and continue to bring innovations in AI using 3D-based site management to an even larger global audience.”

The newly secured capital will be used to scale specter’s go-to-market team, ensuring a strong presence in key international markets. Additionally, the company is investing in a dedicated success team, focused on driving results for existing partners and optimising adoption of 3D site management technology.

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