Disperse Raises $16M in Funding

Disperse, a London, UK-based artificial intelligence construction startup, raised $16M in funding.

The round was led by 2150 with participation from Northzone and Kindred Capital.

The company intends to use the funds to expand operations and accelerate growth.

Led by CEO Felix Neufeld, Disperse provides a platform that enables construction project managers to get things done with actionable insights in a digestible format. Companies can track progress across projects and identify inefficiencies through capturing imagery and using computer vision to spot issues as they happen.

The company’s team is distributed across London, New York, Sarajevo, Mostar and Islamabad.