Capmo, a Munich-based digital construction software, has secured a €5 million Series A, led by Capnamic Ventures and angels from Munich’s Center for Digital Technology and Management network. Existing investors UVC Partners and HW Capital also participated.
The German startup has created a cloud-based SaaS tool that serves as an operating system for construction sites. Legacy construction software is highly complex and built for desktop use, so for many site managers, it’s inaccessible in more ways than one.