HEUKING advises Munich-based AI-ConTech startup alago on its pre-seed funding round

A HEUKING team led by Salaried Partner Mark Rossbroich comprehensively advised Munich-based AI-ConTech startup alago on its oversubscribed, seven-figure pre-seed funding round. The round was led by Realyze Ventures and included participation from D11Z. Ventures, the CDTM Venture Fund, and several seasoned business angels from the construction sector and venture development community.

alago is developing a platform that leverages AI-powered workflow automation to significantly reduce administrative workload in construction project management, thereby enhancing planning reliability and transparency. The newly raised capital will be used to accelerate the platform’s development and market expansion.

“For us at alago, this milestone means a lot more than just capital – it is validation that rethinking traditional structures in the construction industry is both necessary and worthwhile," said the founding team.

Counsel to Alago Technologies UG (haftungsbeschränkt)
HEUKING:
Mark Rossbroich, LL.M. (King's College London), (Lead, private equity / venture capital), Cologne,
Christoph Hexel (Employment), Düsseldorf,
Simon Pommer, LL.M. (Tax), Hamburg