Sodex Innovations €4 Mn in Round led by Capmont Technology

The company develops automated technology that helps survey and document construction sites, infrastructure projects and mining operations. Its solutions make it easier to collect accurate data and improve project management.

The funding round was led by Capmont Technology. Other new investors included Bloomhaus, Look AI Ventures, and the German business angel group Superangels.

Existing investors SOSV, OMA, and 12 Rounds Capital (founded by Katharina Klausberger and Armin Strbac) also participated in the round by making additional investments, showing their continued support for the company.

“Real-time updates directly from the construction site have become a central starting point and are now indispensable for many of our customers. With this funding, we can not only expand our team but also our portfolio and scale internationally much more quickly,” says Ralf Pfefferkorn, CEO and co-founder of Sodex Innovations.

Michael Wittner, partner at Capmont Technology, adds: “For the first time, Sodex makes physical construction activity measurable and controllable in real time, thereby creating the data foundation on which the industry will be managed in the future.

“We believe that a combination of hardware, software, data, and AI – which enables these sectors to achieve a real leap in productivity – is not only incredibly exciting but also long overdue.”

Founded in 2021, Sodex is developing AI-powered technology that automatically surveys and creates digital maps of construction sites, mines, and infrastructure projects while work is taking place. Today, the company serves more than 100 customers across the United States, Australia, and Europe.

The company's technology uses construction machines as mobile data collectors. As the machines work, they automatically collect information about the land, material movement, and project progress.

This data is sent directly to the Sodex web platform, where users can view project documents, calculate material quantities, and track construction progress. The platform helps make construction projects faster, easier, and more transparent.