- Podium secured $15.2M
- Autodesk leads investment
- Platform transforms construction through digital innovation
Tech Giants Back Next-Gen Construction Tech
Podium, a Singapore-based cloud platform transforming the construction industry, has successfully closed its Series A-1 funding round, raising S$20.4 million ($15.2 million).
The round saw global software leader Autodesk and Swiss escalator manufacturer Schindler as key investors, signaling strong confidence in Podium’s innovative approach to digitizing the built environment.
Bridging Design, Supply, and Sustainability
The funding will propel Podium’s expansion into key markets like Singapore and Australia, enabling the company to accelerate its software-as-a-service platform. By automating workflows and providing real-time insights into design, cost, time, and sustainability, Podium aims to address critical challenges such as low productivity and high waste in the construction sector.
A Vision for Smarter Urban Spaces
Autodesk’s Vice President of AEC Industry Strategy, Nicolas Mangon, highlighted the strategic alignment, emphasizing Podium’s engineering capabilities in advancing building manufacturability.
The investment underscores a shared mission to streamline processes across the project lifecycle, targeting the projected S$748 billion sustainable building market in Asia by 2028.
