Smart Cast
Solutions in the field of construction.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
* | €500k | Seed | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (25 %) | 143 % | 59 % | - | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
Smart Cast is an industrial startup operating in the construction technology sector, focused on innovating the concrete slab formwork process for multi-family residential buildings. The company has developed a method that integrates digital design through Building Information Modeling (BIM) with automated machinery. Since 2018, Smart Cast has been utilizing its SchemBAT software to enhance its permanent formwork panels.
The core of Smart Cast's business is a Design for Manufacturing and Assembly (DfMA) approach that aims to increase productivity on construction sites. The company provides pre-cut and printed permanent formwork panels. These panels are marked on both sides with the layouts for various fluid networks, including electrical and plumbing, and also show the design for partitions. This process essentially creates a 'printed circuit board' for the building, guiding the installation of utilities within the concrete slabs. In conjunction with the printed panels, Smart Cast supplies prefabricated Mechanical, Electrical, and Plumbing (MEP) networks, which are assembled off-site. The complete package for a housing unit is delivered to the construction site as a ready-to-install 'kit'.
The business model centers on selling these prefabricated construction kits and its accompanying software, SchemBAT, to businesses in the residential construction industry. By providing detailed, pre-planned, and prefabricated components, Smart Cast aims to reduce on-site labor, minimize finishing operations, and decrease the physical strain associated with traditional formwork and an easier surface for painters. The target market consists of companies involved in multi-family housing construction. The off-site process involving printed formwork and prefabricated MEP networks is designed to deliver significant productivity improvements on the building site.
Keywords: construction technology, building information modeling (BIM), prefabrication, permanent formwork, MEP networks, residential construction, SchemBAT software, off-site construction, DfMA, concrete slabs, building materials, construction automation, housing construction, digital design, productivity software, AEC, property technology, prefabricated construction, industrial startup, construction innovation