Socadif Capital Innovation, which supports innovative companies in Île-de-France, is supporting CAD.42 in its new phase of growth

Founded in 2016 by Jean-Philippe Panaget, Charles de Pirey, Raphaël Garcia-Brotons and Rodolfo Goes de Queiroz, CAD.42 markets objects connected to a real-time data processing platform intended for construction sites to measurably improve safety, productivity and their environmental impact. The company offers in particular:

• Anti-collision systems for machine-machine, machine-zone and machine-pedestrian.
• A range of connected sensors for monitoring operations, including weight, level, geolocation sensors and cameras.
• Sensors for measuring air quality, electricity and water consumption, sound level meters and anemometers.

Integrating field data into BIM makes it possible to create a real-time digital twin of construction sites to automatically detect the progress of scheduled tasks.

Since its launch, CAD.42 has signed several contracts with major players in the construction sector such as Vinci Construction, Spie Batignolles and Eiffage, thus approaching a turnover of one million in 2024.

By integrating geolocation, dynamometric and visual identification sensors, CAD.42 allows real-time monitoring of operations by placing its sensors on one or more machines on the construction site. The data collected is analyzed by artificial intelligence algorithms to improve safety and productivity by automatically detecting non-value-added times, installation or stocking times or quantities of materials delivered. The productivity dashboards provided to site managers enable informed decision-making and continuous improvement of operational processes. The unit times measured for each construction site are usable data to better plan future projects.

Aware of the challenges of resource optimization and risk reduction on construction sites, CAD.42 relies on artificial intelligence connected to BIM to digitalize construction projects during the execution phase. The company, with its AI skills and a vast database collected on various construction sites, develops innovative services that transform construction projects into safer and smarter environments. CAD.42 is committed to improving the planning and execution of construction sites by modeling various possible scenarios. These scenarios are based on business know-how, the specific context of the company, and the specific constraints of each structure. The objective is to choose the optimal construction operations using success rate indicators, such as cost and deadlines, while offering 4D visualization. This approach not only capitalizes on know-how, but also improves the performance of operations and meets the challenges of Industry 4.0 in construction.

This transaction will allow CAD.42 to outsource the production and logistics of its sensors, while supporting its commercial expansion in Europe, particularly in the DACH region (Germany, Austria, Switzerland) through the recruitment of new sales representatives, the strengthening of the marketing team and the development of its reseller network.

This fundraising also aims to enable the intensification of R&D activities and collaborations with major players in the construction industry to meet the challenges of digital transformation in the construction sector.

For Jean-Philippe PANAGET, Director of CAD.42: "This transaction marks a crucial step in the development of CAD.42. It will allow us to strengthen our position in France and industrialize our approach internationally. We thank our investors and in particular Socadif whose support demonstrates their commitment to our solution and our vision. Together, we are determined to continue our mission of digitalizing construction sites."

For Samya GLANGETAS, SOCADIF CAPITAL INVESTISSEMENT: "We were particularly impressed by the company's approach, which, starting with systems aimed at site safety, resulted in solutions for monitoring and improving site productivity. The construction sector, which has a significant environmental impact, can find additional resources in CAD.42's solutions for their CSR policy."

The participants in the operation are:

• CAD 42: Jean-Philippe PANAGET, Charles de PIREY, Raphaël GARCIA-BROTONS and Rodolfo GOES DE QUEIROZ
• SOCADIF CAPITAL INNOVATION: Samya GLANGETAS, Vérane FADY-BONNET, Emmanuel DAVID
• Investor advice and legal audit: JOFFE & ASSOCIES: Virginie BELLE, Rémi RODRIGUEZ
• Legal management advice: EVOLVE AVOCATS: Simon AZAN
• Financial due diligence: Mortier & Co: Marie-Astrid BAINIER, Boris CHEDIN, Laëtitia GENOT