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Innovation in AEC through and beyond the COVID crisis with Ray Levitt & Darren Bechtel - 30 minutes for tomorrow

This event is in English

Innovation in AEC through and beyond the COVID crisis 
Despite representing a several trillion dollar investment opportunity, innovation in the AEC industry had to wait for the mid 2010s to garner interest from the venture ecosystem which was quickly followed with a structuration of innovation departments in large corporate enterprises. ConTech investments alone rose from USD 3B in 2017 to USD 6B in 2018 and was forecasted to reach USD 8B in 2019. The current COVID-19 pandemic is affecting every link of the value chain from design, to supply, operations and maintenance. How will it impact startups and venture investment which ultimately depend on the ability to adopt new solutions on the job site and in the drawing room? 

We will be joined by Ray Levitt:
Joined Blackhorn Ventures as an Operating Partner in 2017. Blackhorn invests in Seed, A and B Rounds of startups with defensible breakthrough technologies that can dramatically enhance resource efficiency in the built environment, transportation/logistics and energy sectors of the real economy. Ray leads Blackhorn’s Built Environment investments.

Civil Engineering undergraduate degree from U. of Witwatersrand in South Africa. MS and PhD in Construction Management from Stanford University.  

Prior to joining Blackhorn, worked five years on the civil engineering faculty at MIT and then moved to Stanford. Retired from Stanford in 2017 as Kumagai Professor of Civil and Environmental Engineering, Emeritus after co-leading the "Digital Cities” initiative in Stanford’s Global Projects Center with Adjunct Professor Mike Steep. Past research, teaching, executive education and consulting has focused on organization design for projects and project-based companies, entrepreneurship, and governance arrangements for private-public partnerships to develop infrastructure in developing and developed countries.

Co-founded three software startups in the Built Environment sector: as CEO and Chairman of Vité Corporation, and as Non-Executive Chairman of Design Power, Inc. and Rackwise.  President of Stanford’s “Farmers” angel investor group.

and by Darren Bechtel:
Darren Bechtel is the founder and Managing Director of Brick & Mortar Ventures, the leading sector-specific venture capital fund focused on emerging technologies to improve the way we design, build, and maintain our built environment. Darren has been the single most active early stage investor in AEC and FM tech over the past five years, with his first four construction tech deals being Seed round investments into PlanGrid, BuildZoom, BuildingConnected, and Rhumbix. Since then, Darren and the Brick & Mortar team have invested in over 25 startups aiming to improve productivity, safety, and environmental impact of constructing and caring for the built environment. Darren Bechtel brings over 7 years of engineering, product and architectural design, and construction management professional experience to the Brick & Mortar team, as well as over 8 years of venture investing as the founder and managing director of South Park Ventures.
Darren holds a B.S. in Mechanical Engineering with a Product Design focus from Stanford University and an M.B.A. from the Stanford Graduate School of Business.

Innover dans la construction pendant et après la crise
Bien qu'elle représente une opportunité d'investissement de plusieurs milliards de dollars, l'innovation dans le secteur du BTP a dû attendre le milieu des années 2010 pour susciter l'intérêt de l'écosystème du capital-risque, ce qui a été rapidement suivi par une structuration des départements d'innovation dans les grandes entreprises. À eux seuls, les investissements de ConTech sont passés de 3 milliards d'USD en 2017 à 6 milliards d'USD en 2018 et devraient atteindre 8 milliards d'USD en 2019. La pandémie actuelle de COVID-19 affecte chaque maillon de la chaîne de valeur, de la conception à l'approvisionnement, en passant par l'exploitation et la maintenance. Quel sera son impact sur les start-ups et les investissements à risque qui dépendent en fin de compte de la capacité à adopter de nouvelles solutions sur le lieu de travail et dans la salle de dessin ? 


· Stage
Fireside Chat with Ray Levitt and Darren Bechtel
Raymond Levitt Darren Bechtel
· Networking
Networking express


Raymond Levitt
Raymond Levitt

Operating Partner at Blackhorn VC

Darren Bechtel
Darren Bechtel

Founder and Managing Director at Brick & Mortar VC

Guillaume Bazouin
Guillaume Bazouin

Startup Programs & Open Innovation at Leonard

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