The Munich-based PropTech startup Building Radar receives 5 million EUR in the Series A financing round. The team led by the founders Leopold Neuerburg, Paul Indinger and Raoul Friedrich uses artificial intelligence to map construction projects and tenders worldwide and consolidate them in an intelligent database. In this way, construction industry suppliers and service providers can easily find suitable projects. Building Radar’s software identifies around 5,000 new projects per day from over 100,000 different sources. Today, the database comprises a total of over 5 million construction sites. Customers include Linde AG, Vitra, Schüco and Viessmann. In the current financing round, PropTech1 Ventures, Coparion, FO Holding and Signa Innovations joined as new investors. ASTUTIA has been invested in Building Radar since mid-2018. The founding team will use the capital to expand into new markets, further refine the search algorithm and optimize search results with the help of machine learning.