AI meets construction: Conxai closes €5M Series A

act legal Germany has advised CONXAI on its €5 million Series A financing round, co-led by BayBG VENTURE CAPITAL and Capricorn Partners, with participation from existing investors Earlybird Venture Capital, noa, Pi Labs, Argonautic Ventures and Zacua Ventures. The transaction reflects the increasing adoption of AI-driven solutions in the construction sector, which continues to be characterised by fragmented data, complex documentation and largely manual workflows. Conxai addresses these challenges with an AI platform tailored to the architecture, engineering and construction industry, enabling the structuring and processing of unstructured data such as documents, plans and site visuals. The new funding will support Conxai’s international expansion and the further development of its agentic AI platform, aimed at enabling more efficient, software-driven processes and decision-making across construction projects. We have advised Sharique Husain and the Conxai team since the early stages of the company, making this milestone particularly meaningful for us. We thank them for their continued trust and congratulate all parties involved.