Key Points

• Construction tech whizzes, Higharc, managed to rake in $53 million bones in a Series B funding round. Who knew virtual construction could bring in such hardcore ‘real’ money?
• This money-laden gala was championed by Spark Capital and Pillar VC, showing their penchant for tech-savvy, dirt disturbing endeavors.
• Higharc aims to transform the home-building design process, turning those skeletal 2D blueprints into a 3D immersive digital extravaganza.
• This firm also wants to give homeowners some design chops to play with, precisely tailoring their dream residences without requiring a degree in Architecture. The funds from Series B would help them revolutionalize the modern way of designing homes.
• Higharc’s fancy tech tracks local building codes, topography, climate and more. So, while you’re fantasising about your six-bathroom mansion, it will subtly remind you about utility and feasibility – no small detail left unnoticed!
• Higharc stepped into the construction arena in 2018 and, despite its toddler status, has bagged quite the investment boodle. Just goes to show how lucrative coloring inside digital lines can be!

Hot Take

Higharc, you tech-savvy, home-building wizards, you’re really hammering it home now! You’ve managed to pluck $53 million from the back pockets of Spark Capital and Pillar VC to boost your virtual construction escapades. It’s like playing The Sims, only with a colossal budget and real buildings at the end. And, to add some spicy novelty, homeowners can now dibble-dabble in design without having to wrangle with an obstinate floorplan or a stubborn piece of drywall.

Now, this isn’t childs’ play; Higharc isn’t just creating a 2020 version of Lego – it’s hard-core, practical, efficient house building. The software considers all boring-yet-critical factors like local building codes, topography, climate – those pesky details we tend to forget in those heady moments of creativity. “Want 18ft ceilings in your studio flat? Sorry bud, it says here you’re in an aeroplane flight path.”

So, here’s to Higharc, the tot of construction technology, stomping around with $53 million clutched in its chubby little hands. It’s like watching a toddler with a bazooka – you can’t help but marvel at the massive potential, and you’re a little terrified of what comes next. Whatever the future holds, Higharc, keep on building – we’re excited to see what you hammer out!

Original article: https://www.inman.com/2024/02/16/hiarc-53m-series-b-timed-with-growth-in-new-home-sales/