Singapore, Podium, a leading cloud-based digital platform for industrialized construction and Design for Manufacturing and Assembly (DfMA), today announced the successful first close of its Series A-1 funding round, raising S$20.4 million. The round was led by Autodesk, a global leader in design and make software solutions for architecture, engineering, construction, product design, manufacturing, media and entertainment. The investments made by Autodesk and other Series A-1 round participants underscore strong collective confidence in Podium’s ability to accelerate digital transformation in the built environment.

Podium’s innovative SaaS platform accelerates the design-to-supply process by automating workflows to achieve outcome-based design milestones. This enables stakeholders to optimize designs with real-time insights into cost, time, buildability, and sustainability. Through API connections and integrating a DfMA-ready “kit of parts” defined directly by suppliers, Podium provides instant feedback, aligning briefed outcomes with design intent.

The global demand for sustainable buildings is expected to reach S$748 billion1 in Asia alone by 2028, while construction demand is projected to hit S$38 billion2 by the same year. Podium’s platform addresses the critical challenges facing the built environment today, including low productivity, high waste, cost inefficiencies, and the growing need for sustainable building practices.

As the leading investor for the Series A-1 funding round, Autodesk joins Podium in recognizing the rapid transformation taking place within the architecture, engineering, construction and operations (AECO) industry – as well as the challenges and opportunities that transformation introduces for industry professionals. Autodesk’s investment in Podium emphasizes an aligned mission to support AECO professionals with outcome-based building information modeling (BIM) software solutions.

The Series A-1 round, bolstered by participation from Schindler, a leading global provider of elevators, escalators and related services, demonstrates strong investor confidence in Podium’s transformative potential. This strategic investment not only validates Podium’s innovative approach but also reflects significant benefits for suppliers within the construction ecosystem. For example, a Podium design model of a multi-storey residential tower will automatically incorporate the required lift car and its specifications as defined by Schindler to meet the performance requirements. This real-time visibility streamlines building production, reducing waste and inefficiencies compared to conventional methods, and driving more informed, sustainable design decisions.

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Audrey Joanne | Marketing Manager
audrey.joanne@podium.io | marketing@podium.io