Kuro Technology Raises €10 Mn to Build AI Platform for General Contractors

The funding round was led by UVC Partners, a venture capital firm based in Munich and Berlin. The firm manages more than €800 million in assets and has backed companies including Isar Aerospace, Proxima Fusion, and Aleph Alpha.

The round also received support from existing and new investors, including Foundamental, Realyze Ventures, and helloworld. The new funding will support Kuro Technology as it continues to develop its AI solutions for the construction industry.

“We see the construction industry as the foundation for progress in Europe. With Kuro, our job is to give it the technical foundation it needs to live up to this continent’s ambition. The general contractors that manage to turn their knowledge into a product will depend less on individual people as they grow,” said Scherer, co-founder and CEO of Kuro Technology.

Kuro plans to use the fund to build out its AI platform for general contractors that learns and improves with every project. Minkler, co-founder and CPO of Kuro Technology, said, “We started in estimation because that’s where a project is born and decided. But the problems carry through into everything that follows: too much contradictory data and knowledge that isn’t passed on from project to project. That’s why we’re now expanding the platform step by step across the entire back office, building a system that learns and gets better with every project.”

“We’re delighted to be working with Lea and Jonas. We have known each other for many years, since well before Kuro was founded. They bring years of startup experience and deep industry knowledge, which matters a great deal in construction,” said Dr. Ingo Potthof, Managing Partner at UVC Partners.

Kuro Technology was founded in November 2024 by Lea Scherer and Jonas Minkler. Before starting the company, both founders held leadership roles at construction technology companies alcemy and Capmo.

Based in Berlin, Kuro Technology now has a team of 16 employees. The company is building a platform that aims to solve a major challenge in the construction industry by helping general contractors work more efficiently.

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