- Alice Technologies, a Menlo Park, Calif.-based provider of an AI-powered construction simulation platform, raised $4.6 in convertible debt financing
- The round, which brings total funding to date to over $25m, was led by Future Venture
- The company intends to use the funds to further develop the product, build out the team and attract additional customers worldwide
- Alice Technologies provides an AI-powered construction simulation platform for companies around the world to generate scenarios
- Alice works with construction leaders in the infrastructure, industrial, and commercial construction segments, such as Parsons, HDCC, and Kajima Corporation
- Clients have used it to optimize more than $15B in construction projects in the last two quarters
