Conxai scales agentic AI to automate complex construction workflows with fresh capital from BayBG and Capricorn Partners

The Architecture, Engineering and Construction (AEC) industry is facing increasing project complexity, rising costs, and a lack of standardized processes. Conxai Technologies GmbH addresses these challenges with an AEC-focused, agentic AI platform designed to automate knowledge-intensive workflows. To accelerate its international expansion, Conxai has secured €5 million in financing, led by BayBG Venture Capital and Capricorn Partners, with participation from existing investors.

Despite generating large volumes of data, the construction industry continues to underutilize much of its information. Up to 90% of industry knowledge remains undocumented or fragmented, limiting its practical use. At the same time, construction companies aiming to automate their workflows through software, face the well-known “buy-vs-build” dilemma: off-the-shelf software often lacks flexibility, while custom-built solutions are costly and difficult to scale.

Conxai offers a scalable alternative. Its platform enables companies to transform traditional manual, service-intensive processes and tacit expert knowledge into automated, scalable workflows. It integrates large volumes of unstructured data (i.e. documents, plans, drawings, jobsite visuals) into a unified AI-native software platform that allows business users to configure specific workflows (and collaborate with their stakeholders), with full transparency on the AI agent work processing.

Unlike generic AI tools, Conxai is purpose-built for the AEC industry: it extracts and connects relevant information from complex documents, plans, drawings and jobsite visuals to automate complex, multi-step workflows, and improve decision-making. Domain experts can independently configure AI-powered applications and automate operational processes without requiring programming skills.

The platform is already used by international clients, including industry leaders such as Hilti, Kajima, PERI, Max Bögl, and Hensel Phelps.

Sharique Husain, Founder and CEO of Conxai says:

• The lack of systematic knowledge retention is the silent killer of productivity, and the biggest barrier toautomation and ROI. This challenge is deeply rooted in the industry's fragmentationand nuances. AEC workflows are not just highly specialized, but also subject to significant variations based on project scale, geography, and regulations. Standard software cannot handle this complexity, and custom development is too costly to scale. Conxai bridges this gap, offering bespoke-grade solutions with SaaS simplicity. This investment enables us to further enhance our technological capabilities and accelerate our go-to-market.”

Andreas Heubl, Senior Investment Manager at BayBG Venture Capital, notes:

• Conxai represents a new generation of AI‑native, vertically focused software companies delivering clear and measurable value. What impressed us most is how capital-efficient the team has been, achieving significant international traction and securing Tier-1 customers without traditional GTM spend.” “This combination of strong technology and efficient execution provides a solid foundation for sustainable international growth.”

Steven Lambert, Investment Partner at Capricorn Partners, adds:

• For more than 10 years in AEC, I have witnessed the painpoints in manual processing of documents, data or videos for construction management. Conxai is automating those traditionally 'un-automatable' AEC processes, addressing critical challenges from efficiency and risk management to transparency. Conxai is not competing for a slice of the overly fragmented, traditional $11B Construction SaaS segment; but rather disrupting the 10x larger ‘Services’ market with transparent agentic AI.

Conxai is led by Sharique Husain, Markus Kittel, Jonas Grosch and Dr. Arjun Chandrasekaran. The company plans to further expand its platform globally as demand for agentic automation in construction continues to grow.