This analyst call was facilitated by Daniel Laboe with guest speakers Asset Abdualiyev, Co-Founder, BuildTech VC; Kaushal Diwan, Corporate Director, Strategic Investments & Partnerships, DPR Construction; Vivin Hegde, General Partner, Zacua Ventures; and Mike Mahan, Managing Director, Stanley Ventures. The call was centered around venture capital within the AEC space, discussing the current state of venture and the future outlook of industry-wide capital.
According to BuiltWorlds’ Venture Forum Sentiment, there are optimistic trends currently happening within the AEC industry, with the likelihood of a recession in the next 12-months dropping from 78% in Q1 of 2023, to 42.9% in Q2 of 2023. There has been notable improvements within AEC venture in Q2, with market developments trending into a much better space than it was within Q1 of 2023.
“I think the market is slowly starting to get better. Deal activity has started to pick up within the pre-seed space that we operate in the built environment and the space is becoming less affected…