Vorarlberg construction startup Sodex raises four million euros

Technology and Business Model

At its core, Sodex equips construction machinery with sensors that continuously capture terrain data, material movements and construction progress during ongoing operations. The data flows in real time into a web platform where documentation, quantity calculations and progress analyses are available. Using cloud technology and artificial intelligence, the information is continuously analyzed and evaluated.

According to the company, more than 100 customers in the USA, Australia and Europe already use the technology on a daily basis. CEO and co-founder Ralf Pfefferkorn emphasized that real-time updates directly from the construction site have become the central starting point and are now indispensable for many customers. With the new financing, the company wants to expand its team, grow its portfolio and scale internationally much more quickly.

International Expansion

Michael Wittner, Partner at Capmont Technology, sees the combination of hardware, software, data and AI as a leap in productivity for the construction industry. He described this step as "nicht nur hochspannend, sondern überfällig". Sodex makes physical construction activity measurable and controllable in real time for the first time, thereby creating the data foundation on which the industry will be managed in the future.

Capmont Technology is a Munich-based private capital investment manager with an entrepreneurial focus. The firm specializes in scaling industrial technology companies and acted as lead investor in Sodex.

Context: re:Marc Conference in Budapest

The capital raised is to be used specifically for the further expansion of the team, the broadening of the product portfolio and the acceleration of international expansion. With this, Sodex aims to strengthen its market presence in existing regions and open up new markets.

At the same time, the re:Marc conference took place in Budapest, the highlight of the "Marc Impact Programme", a joint initiative of ERSTE Stiftung, ERSTE Social Finance Holding, IFUA Nonprofit Partner and SIMPACT. Twelve startups from Austria, Hungary, Croatia, Serbia, Romania and the Czech Republic competed against each other in three pitch rounds. The Grand Impact Award and the main prize of 20,000 euros went to the Czech social startup Nepanikař, which operates an app for psychological help and suicide prevention and records around 500 users daily. COO Radka Novotná accepted the award.

The Innovation Champion Award, worth 15,000 euros, went to the Romanian startup Origin BCI, whose founder and CEO is David-Alexandru Popescu. The Scalable Champion Award of 15,000 euros was won by Anna Gawin with the Austrian platform TalentsLounge (DaVinciLab). The pitch prizes at re:Marc were endowed with up to 20,000 euros.

Keynotes were held by, among others, Uli Grabenwarter from the European Investment Fund and Radován Jelasity, CEO of Erste Bank Hungary. Andrew Gray from Tilia Impact Ventures was on the jury. The Marc Impact Programme was launched in 2024 and supports founders from six countries on a long-term basis.