Volve Raises $3M Seed

Norwegian construction technology company Volve has raised $3 million (NOK 30 million) in seed funding to accelerate the development of its AI-powered construction intelligence platform and expand across Europe.

Investors

This round was led by Skyfall Ventures, with participation from J12, Norrsken Evolve, OBOS Ventures, Antler, StartupLab, and angel investor Daniel Kjorberg Siraj.

Volve Use of Funds

The company plans to use the new capital to deepen its product offering for main contractors and public clients and to accelerate its European expansion strategy.

About Volve

Founded in 2024 by Herman Smith, Abyl Ikshanov, and Alf Jørgen Dovland, Volve is a construction technology company that develops an AI-powered intelligence platform for construction tendering and preconstruction. Founded in 2024, the company helps contractors and public-sector clients analyze contracts, drawings, technical specifications, pricing requirements, and project risks to make better decisions before construction begins.

Funding Details

Company Website: https://volvetech.com

Company: Volve
Raised: $3M
Round: Seed
Funding Date: August 25, 2026
Lead Investor: Skyfall Ventures
Additional Investors: J12, Norrsken Evolve, OBOS Ventures, Antler, StartupLab, Daniel Kjorberg Siraj
Software Category: Construction Technology
Source: https://tech.eu/2026/08/25/volve-lands-3m-to-expand-construction-tendering-ai-across-europe/