Podium Raises S$20.4 Million in Series A-1
Podium, a Singapore-based cloud platform that helps streamline the design-to-supply process for building production, has raised S$20.4 million in the first close of its Series A-1 funding round.
The round was led by Autodesk, with participation from Schindler and Lendlease.
Founded in 1982, Autodesk is an application software company serving industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment.
The new funding will support Podium's growth in key markets like Singapore and Australia.
Podium provides a cloud-based SaaS platform for industrialized construction and design for manufacturing and assembly (DfMA). The platform automates workflows to accelerate design-to-supply processes, optimizing for cost, time, and sustainability. Its mission is to develop scalable, practical software solutions that challenge conventional industry practices. Podium is based in Singapore, with offices in Sydney and Silicon Valley.
Funding Details
Company: Podium
Raised: S$20.4M
Round: Series A-1
Funding Date: November 2024
Lead Investor: Autodesk
Additional Investors: Schindler, Lendlease
Company Website: https://podium.io/
Software Category: Construction and Building Design