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Ingenious invests in 3D Repo cloud-based digital platform design pioneers
Photo Credit To 3D Repo

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

Ingenious has announced that its Infrastructure Ventures EIS Service has led a £2.3m A-series investment round in 3D Repo, the pioneers of cloud-based design collaboration in Building Information Modelling (‘BIM’).

The investment represents another major vote of confidence and a financial boost for 3D Repo’s digital construction services business.

Guy Ranawake, Senior Investment Director at Ingenious, and Dr Jozef Dobos, Founder and CEO of 3D Repo (right to left)
Guy Ranawake, Senior Investment Director at Ingenious, and Dr Jozef Dobos, Founder and CEO of 3D Repo (right to left)

Cutting-edge technology by 3D Repo has been­­­ successfully deployed on some of the largest and most prestigious construction projects with companies such as Atkins, Balfour Beatty, Bryden Wood, BuroHappold, Canary Wharf Contractors, and Crossrail among others.

Its multi-award-winning digital platform for BIM data is transforming how construction projects are designed and delivered by democratising data, mitigating risk and reducing complexity for everyone involved. Instead of architects, engineers and contractors sharing massive proprietary files in a costly and time-consuming manner, they can simply point their web browser to an encrypted cloud platform to examine each project stage virtually.

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

Guy Ranawake, Senior Investment Director at Ingenious, commented: “There has been solid growth in the use of BIM worldwide and especially in the UK following the government mandate for BIM Level 2 on all large-scale public sector construction and infrastructure projects since 2016. 3D Repo’s online platform has excellent collaborative tools that allow teams to achieve all the benefits promised by BIM, consistently helping projects meet cost and time targets. We are very happy to support 3D Repo and look forward to seeing the growth of the company which aligns strongly with our investment strategy and infrastructure sector focus.”

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

Dr Jozef Dobos, Founder and CEO of 3D Repo, said: “3D Repo is a powerful digital construction platform that has already helped many of our clients improve communication, coordination and collaboration. Having the backing of Ingenious means that we can continue to support the country’s foremost digital construction champions and drive the use of 3D Repo on the most challenging infrastructure projects globally.”

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

The 3D Repo platform allows users to manage 3D model revisions and to highlight potential clashes and safety issues using live collaboration tools which enable the whole project team to work from a single source of truth, anywhere and at any time.

Ingenious invests in 3D Repo cloud-based digital platform design pioneers

The transaction was led by Ingenious’ infrastructure division and represents the fourth investment from the Infrastructure Ventures EIS Service, following the backing of Winnow, the technology company behind Winnow Vision, the artificial intelligence tool helping chefs cut food waste in half, Over-C, an analytics company focused on operational performance in the workforce management market and Reactive Technologies, a world leading technology platform facilitating the transition to a low carbon future.

Post source : 3D Repo

About The Author

Anthony brings a wealth of global experience to his role as Managing Editor of Highways.Today. With an extensive career spanning several decades in the construction industry, Anthony has worked on diverse projects across continents, gaining valuable insights and expertise in highway construction, infrastructure development, and innovative engineering solutions. His international experience equips him with a unique perspective on the challenges and opportunities within the highways industry.

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