VC Pi Labs backs five Agentic AI startups
Global venture capital firm Pi Labs announces five new start-ups that will make up its 14th annual Growth Programme cohort after evaluating more than 1,500 applications from around the world
Construction is a $13 trillion global industry yet 98% of major projects run over budget or behind schedule, according to McKinsey, and productivity has barely shifted in decades. The cause is fragmentation across teams, data, and decisions that no previous wave of technology has been able to fix.
Agentic AI presents a new opportunity for the construction industry to close those gaps, and Pi Labs’ latest cohort is backing this conviction. Spanning the full construction lifecycle, from due diligence and planning approvals through to voice AI onsite data capturing, these five startups are automating the workflows that have held the industry back, bringing it one step closer to what Pi Labs calls the ‘Self-Coordinating Site’: construction projects that run themselves.
Pi Labs Fund IV is raising £100m to back AI-native companies transforming real assets and construction. Cohort 14 reflects Fund IV’s central ethos: that the next wave of value will be created by agentic AI companies that can automate the entire value chain.
Pi Labs selected the following five start-ups based on the calibre of the founding team, the potential to scale globally, and ability to deploy AI against the industry’s deepest pain points.
Veridue, London UK: Veridue is the AI platform built for energy infrastructure deals, delivering instant red flags across diligence so teams can find better assets, move faster, and close with confidence.
Bite, London UK: Bite automates workflows for structural engineers, making the building design process 40x faster. By automatically detecting design changes in real time, analysing their downstream impacts, and updating models, Bite allows engineers to focus on the work that requires their expertise.
Autositu, Michigan US: Autositu cuts planning approval timelines by 90% for developers and architects. By deploying coordinated AI agents to check zoning, building codes, and local compliance, the company delivers comprehensive reviews in minutes at a fraction of the cost.
Movable, London UK: Movable gives HQ direct insight to the frontline, using voice AI to interview deskless workers at the moments that matter before shifts, when issues surface, and after a job is done, capturing what happens on the ground in real time.
Unbane, Ohio US: Unbane is replacing construction admin with voice AI, turning phone calls into automated, audit-ready records that make construction coordination as natural as having a conversation.
Stefania Ponzo, Partner at Pi Labs, said: “Construction is one of the largest industries globally, yet productivity has remained effectively flat for decades. Digitisation has introduced tooling, but it hasn’t addressed the core issue of fragmented workflows across the value chain. Agentic AI is the breakthrough that will redefine these workflows, with our latest cohort leading this transformation.
These five companies are thriving in the complexity that defines construction workflows, driving decisions and actions, not just insights. Our focus is on ensuring they have the right access to customers, partners, and operators, to translate technical capability into commercial outcomes.
This shifts how projects are executed, with fewer failure points and less coordination overhead, moving towards predictable and autonomous self-coordinating sites.”
Since launching in 2014, Pi Labs has taken 64 early-stage start-ups through its Growth Programme. Notable Pi Labs alumni who have successfully graduated from the accelerator include Firmus AI, a leading AI company for preconstruction design review, which was successfully acquired by Nemetschek Group, a signal that the market for AI solutions in construction is maturing fast.
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