oculai
oculai is a ConTech start-up that uses cameras and artificial intelligence to automatically monitor construction processes and progress. Founders Constantin Kauffmann (CEO), Tim Sippl (CTO) and Yannik Mack (CFO/ COO) met while studying at Friedrich-Alexander-Universität Erlangen-Nürnberg. The idea to found a start-up came from research into using cameras to monitor manual industrial processes. The start-up was formed as part of several founder programmes, such as the Digital Tech Academy, UnternehmerTUM and the Zollhof incubator, and subsequently received funding via the EXIST founder grant. oculai was then officially established in July 2021. Today, the company is based in Munich and employs around 20 members of staff. oculai’s product is an AI-based software solution that uses camera data to detect and automatically document outdoor construction processes. A web app provides users with access to a range of functions including automated target/actual schedules, the automatic drafting of daily construction reports, process KPIs and routes taken by workers. In doing so, it helps enhance transparency and productivity as part of construction projects while also making planning easier. Based on automated documentation and collected data, there is a potential cost savings of 7% for the total shell construction volume, as well as a time savings of 15% for site management teams.
Press releases
HTGF’s 700th investment: How oculai is revolutionising the construction industry
HTGF’s 700th seed investment: Munich-based start-up oculai completes €2.5 million seed round to drive AI-based process monitoring on construction sites
Info & Contact
- E–Mail:
- kontakt@oculai.de
- Web:
- www.oculai.de
Address
90443 Nürnberg