Foundamental

Foundamental is a venture capital firm that backs early-stage companies building real-world, vertical technologies for construction, mining and related sectors. Founded in 2019 and based in Berlin, it operates globally with offices in San Francisco and Singapore and invests across the Americas, Europe, Asia-Pacific and Africa. The firm focuses on 3D design, construction, blue-collar workforce, robotics, supply chains and industrial manufacturing, seeking to partner with ambitious builders from inception through Series A. Foundamental has backed notable early-stage companies such as Infra.Market, Speckle, Snaptrude, Wiz Freight, Tul and Welcome Homes, and is described as a leading investor in ConstructionTech and design technology. It manages a substantial early-stage portfolio across global markets, reflecting an emphasis on helping founders navigate early growth and scale in the real-world tech stack while maintaining a global footprint.

Marie-Sophie Ando

Senior Associate

Shubhankar Bhattacharya

General Partner

Fabio Bronzin

Investor

Patric Hellermann

General Partner

Moritz Henschel

Principal

Past deals in CAD

Speckle

Series A in 2024
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.

CalcTree

Pre Seed Round in 2022
CalcTree streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.

Mattoboard

Pre Seed Round in 2022
Mattoboard is a 3D design tool that facilitates the creation of online material palettes, eliminating the need for a physical library. The company connects interior designers with material trade suppliers through an online virtual studio table, enabling users to design, save, and experiment with virtual sample boards in a three-dimensional format. This innovative platform enhances the design process by allowing clients to remain current with trends while streamlining the development of their projects.

Speckle

Seed Round in 2022
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.

Novade

Series B in 2020
Novade, established in 2013 and based in Singapore, specializes in construction management software. It offers a platform that digitizes and automates site processes such as quality control, safety management, progress tracking, workforce management, and maintenance. The software synchronizes all project data, including inspections, checklists, asset tracking, and repair management, using features like digital forms, drawing mark-ups, and location mapping. It generates reports and provides insights to streamline operations, serving leading contractors, developers, and owners worldwide.

Speckle

Pre Seed Round in 2020
Speckle is a company that provides a collaborative data hub tailored for the Architecture, Engineering, and Construction (AEC) sectors. It focuses on creating an open ecosystem that addresses the challenges of fragmentation within the industry. By offering a cloud-based platform, Speckle enables users to automate design, engineering, and construction processes. Its infrastructure includes a default set of connectors that facilitate the curation of design data and the integration of multiple data streams, allowing for advanced querying. The platform supports interoperability between different software applications, enhances real-time collaboration, and simplifies data management and versioning. This empowers clients to effectively coordinate their projects and gain valuable insights into their data footprint.

CalcTree

CalcTree streamlines engineering design processes by providing a platform for creating, integrating, collaborating, and sharing calculations, workflows, and reports. This enables real-time collaboration and efficient data flow among architects, engineers, contractors, and builders.
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