Nodes & Links Secures $11M Funding - Infrastructure Innovation

Nodes & Links Secures $11 Million in Series A Funding

Nodes & Links is a scheduling platform designed for large-scale infrastructure projects. Its core function is to determine the optimal delivery timing and sequence of components, such as those required for bridge construction.

Inefficient scheduling is a common issue in complex infrastructure endeavors. The company recently completed an $11 million Series A funding round.

Investment Details

The funding round was spearheaded by 2150, a fund concentrating on urban sustainability. Additional participation came from Zigg Capital, Westerly Winds, and previous investors including Entrepreneur First, ADV, and Seedcamp.

Aegis Platform and its Impact

Established in 2018, Nodes & Links’ Aegis platform is currently utilized by prominent firms like Balfour Beatty, Costain, and BAM Nuttal.

The platform has reportedly generated substantial cost savings on infrastructure projects by ensuring materials and assembly processes are properly sequenced.

Addressing Project Delays and Budget Overruns

Correct scheduling is crucial, as the majority of large projects experience significant delays and exceed their allocated budgets. Effective scheduling directly impacts both financial outcomes and environmental consequences.

A study conducted by Oxford University reveals that only a small percentage of infrastructure projects are completed successfully. Specifically, just 8% are delivered both on time and within budget.

CEO's Vision for the Future

“Complex projects represent over 4% of global GDP, yet only 8% are completed on schedule and within financial constraints,” stated Greg Lawton, CEO of Nodes and Links.

“This is primarily due to the reliance on human management of all project tasks, even those that are repetitive and better suited for automation. Focusing human effort on uniquely qualified, creative activities will lead to improved decision-making and project outcomes.”

Lawton believes expanding the workforce to include machine intelligence will be transformative, mirroring the impact of automation in the manufacturing sector. This new investment will accelerate the platform’s adoption for the benefit of society.

Competitive Landscape

Nodes & Links operates in a competitive market, facing competition from established infrastructure software solutions like Oracle Primavera. It also competes with more basic tools, such as Excel spreadsheets, which are still frequently used for project management.

Investor Perspective

Christian Hernandez, Partner at 2150, commented on the increasing global investment in linear infrastructure, particularly with an emphasis on sustainability and resilience.

“Time is the most significant factor in ensuring that the trillions of dollars invested in these projects deliver tangible benefits to the planet. Nodes & Links has demonstrated its ability to assist large, complex engineering projects in achieving these goals.”