On the first day of the 2023 Venture West Conference our Demo Day was kicked off by Urban Machine. Eric Law, Co-Founder & CEO of Urban Machine delivered his presentation to our panel of judges and sold out crowd. Urban Machine ended up taking first place in the competition that featured 8 start ups in the build environment. Read the briefing here to learn about the other participants.
About Urban Machine: Urban Machine is a technology solution provider that is on a mission to convert the 37M tons of wood waste from construction and demolition into $18B a year worth of high volume, locally sourced, premium lumber products. They are building machines leveraging the latest robotics and AI for salvaging lumber waste so it can be used to building again at a price competitive to virgin lumber. Salvaged lumber uses less than 1/10th the energy to produce compared to virgin lumber, making it the greenest building product and enabling a circular economy within construction.