London-based construction tech Disperse scores $16 million

London-based startup that helps construction companies automatically capture and process visual data from construction sites, Disperse has raised $16 million. The round was led by 2150 and backed by existing investors Northzone and Kindred Capital.

The company had earlier raised $15 million in a Series A investment in 2019.

Founded in 2015, the UK-based startup aims to disrupt the trillion-dollar construction industry. Disperse enables companies track progress across construction projects to identify inefficiencies, through capturing imagery and using computer vision to spot issues as soon as they occur — before they escalate into bigger problems. It also claims to help free people from repetitive manual admin so they can work on more important tasks.