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Berlin-based construction technology company Kuro has raised €10 million to expand its AI platform for general contractors.
The funding round was led by UVC Partners, with Foundamental, Realyze Ventures and helloworld also participating.
Kuro is building an AI foundation designed to help general contractors manage the large volumes of information generated throughout construction projects, from estimating and procurement to site management.
General contractors work with large amounts of project information spread across drawings, specifications, tenders, subcontractor bids and other documents.
Kuro's platform processes these project documents and connects them through a common data model.
The system can identify contradictions between drawings and specifications, analyse tenders, evaluate subcontractor bids and add information to 3D building models.
The platform also stores corrections and decisions made by project teams. Kuro says this allows information and decisions from previous projects to be applied to future work.
This creates an AI-driven information layer that can connect different parts of the construction workflow.
Kuro says its customers save around 90 hours per bid using its platform.
The company also reports that 70% of users say the platform identified information they would otherwise have missed.
Its customer base includes Goldbeck, Hochtief Infrastructure, Köster, Implenia, Geiger and Riedel.
Six of Kuro's 12 existing customers are among the 20 largest general contractors in the German-speaking region, according to the company.
The early customer base gives Kuro exposure to large construction organisations managing complex projects and significant volumes of project information.
Kuro is also positioning its technology around a workforce challenge facing the European construction industry.
The company cites figures showing that around 19,800 workers in Germany's main construction trade retired in 2024.
For construction companies, the departure of experienced workers can mean more than a reduction in available labour. Kuro argues that it can also result in the loss of project-specific knowledge accumulated through years of experience.
Its platform is designed to retain corrections, decisions and project information so that knowledge can be reused across future projects.
Kuro was founded in Berlin in November 2024 by Lea Scherer and Jonas Minkler.
Before founding Kuro, Scherer and Minkler held leadership positions at construction technology companies alcemy and Capmo.
The company currently has 16 employees in Berlin.
The latest €10 million investment will support the expansion of Kuro's platform beyond estimation.
The company plans to move into additional back-office processes, including procurement, accounting and compliance.
This would broaden Kuro's role from an AI tool for specific estimating workflows into a wider AI platform for general contractors.
Construction activity across Europe is increasing across areas including housing, infrastructure, data centres, energy and defence.
These projects generate significant amounts of information that contractors need to process, compare and act on throughout the project lifecycle.
Kuro's strategy is to connect that information through a common data model and use AI to identify relevant information, inconsistencies and risks.
The company is now using its new funding to build out this foundation while expanding into additional construction workflows.
Kuro's next phase will focus on expanding its AI platform from estimation into procurement, accounting and compliance.
With customers including major general contractors and reported savings of around 90 hours per bid, the company is building around a specific operational problem in construction: managing complex project information while retaining knowledge across teams and projects.
The broader opportunity will depend on how effectively Kuro can extend its AI foundation across the different processes used by general contractors.
