Suffolk Technologies and Innovation in the Construction Industry

By on March 21st, 2024 in news, Usage

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Robotic 3D construction system [Source: Diamond Age]

Charles R. Goulding and Preeti Sulibhavi discuss how the construction industry is about to be disrupted.

John Fish, CEO of SUFFOLK (a Boston-based construction company), made his fortune in the US$2.1 trillion construction industry. Now, he is looking to disrupt the industry that helped him become a billionaire. How?

Through technology.

It is a well-known fact that innovation has lagged in the construction industry during the last half of this century. Some may even argue that productivity has gone down. But that is all changing with SUFFOLK’s investing arm, Suffolk Technologies.

Below is a table of 40 companies in Suffolk Technologies’ investment portfolio:

CompanyIndustry Description
AgorusRobotics and software management
AirworksAI software for aerial remote sensing for basemaps
AugmentaConstruction platform that uses AI to be compliant
BRUNTWork boots and apparel for construction industry
BuildClubAn app for building material suppliers to deliver
CalcTreeNo-code web app that integrates tools for engineers and designers (A&E software)
CanvasConstruction robotics
Carbon TitlePlatform to neutralize building carbon impact by tracking carbon credits and CO2 emissions
ConstraforCloud-based software for invoice tracking and admin tasks for construction industry
Diamond AgeLarge-scale robotics and 3D printing/automation at industrial scale for home-building
EdiphiPre-construction platform bringing design teams and contractors together for cost estimates and take-offs
EmidatAI for climate intelligence and construction insight for building material manufacturers
Equipment ShareContractor equipment software
ExodigoSubsurface mapping solutions using advanced sensors, 3D imaging and AI
FeluxSaaS platform for supply chain solutions (suppliers, buyers, tracking shipments, etc.)
FlexbaseCredit card provider for construction SMBs
HammrTime tracking, payroll, scheduling, benefits and compliance
HandleManage online payments, waiver exchange lien management
HigharcHomebuilding platform for design, construction and sales
HqOWorkplace experience platform
KayaAI-powered data and intelligence platform providing coordination during construction projects
KojoMaterials management platform
MeasurabIESG solutions for real estate for measuring, managing and reporting ESG data
MoxionMobile energy storage changing environmental energy solutions
nPlanAI forecasts for project outcomes based on historical data
Nyfy.aiAutomates job sites using SMS, QR codes and digital passes for construction site compliance
OpenSpaceReality capture software with industry analytics
OutbuildConstruction software for scheduling, lookaheads and weekly plans
PlacemakrHospitality living platform for property managers and real estate investors
PLOTDelivery calendar, logistics map and structured messenger
ProcoreConstruction management platform
PulleyPermitting platform for local permitting
QFlowReal-time materials and waste data tracking software
Rugged RoboticsAutonomous vehicles that mark A&E designs on unfinished floors
SewerAIAutomatic detection of field conditions through drones, jetter cameras, CCTV crawler and digital side scanners
SitelinkAR-powered collaboration platform for construction teams (commercial), using AR, AI and computer vision
Soil ConnectConstruction software for bulk material supply, demand and logistic coordination
Trunk ToolsTools for mobile platforms for the field
TrustLayerAutomates verification of insurance, licenses and compliance documents
WINTAI to identify sources of damage, leaks, waste and carbon emissions

Diamond Age

One company that stood out to us is Diamond Age. The company, based out of Phoenix, Arizona, is using 3D printing, automation and AI tools to transform home-building as we know it. In fact, Diamond Age plans on building climate-resilient houses that can withstand hurricanes and earthquakes.

Diamond Age, a leading full-stack robotics innovator dedicated to making homeownership more affordable through automation, has signed a Letter of Intent to work with Ukraine’s Ministry of Strategic Industries. The collaboration will harness Diamond Age’s cutting-edge automated concrete 3D printing technology to produce bunkers, supporting Ukraine’s ongoing war efforts.

The historic event was formalized in December of last year during a meeting at the Arizona State Capitol, attended by representatives from Ukraine, Diamond Age, and the Arizona Defense and Industry Coalition (AZDIC), alongside Arizona House Speaker, Ben Toma.

Widely recognized for its expertise in automated 3D printing processes in home construction, Diamond Age showcases its commitment to adapting this technology for broader societal benefits. CEO Jack Oslan expressed enthusiasm about the opportunity to rapidly assist Ukraine and envisioned the technology’s potential for rebuilding communities demolished by war.

Diamond Age employee utilizing a Haas machine [Source: Diamond Age]

“Today, Diamond Age takes a historic step, joining forces with Ukraine’s Ministry of Strategic Industries. Our cutting-edge 3D printing technology will create bunkers, not just for defense but as a symbol of hope and resilience. We’re not just innovating; we’re making a meaningful impact on lives,” said Oslan.

The Research & Development Tax Credit

The now permanent Research & Development Tax Credit (R&D) Tax Credit is available for companies developing new or improved products, processes and/ or software.

3D printing can help boost a company’s R&D Tax Credits. Wages for technical employees creating, testing and revising 3D printed prototypes can be included as a percentage of eligible time spent for the R&D Tax Credit. Similarly, when used as a method of improving a process, time spent integrating 3D printing hardware and software counts as an eligible activity. Lastly, when used for modeling and preproduction, the costs of filaments consumed during the development process may also be recovered.

Whether it is used for creating and testing prototypes or for final production, 3D printing is a great indicator that R&D Credit eligible activities are taking place. Companies implementing this technology at any point should consider taking advantage of R&D Tax Credits


The success of Fish is impressive; his future ambitions are inspiring. To bring innovation to an industry that really needs it at this time, with few players in the market, is a risk, but if successful SUFFOLK and Fish will be pioneers in the construction industry with some help from 3D printing technology.

By Charles Goulding

Charles Goulding is the Founder and President of R&D Tax Savers, a New York-based firm dedicated to providing clients with quality R&D tax credits available to them. 3D printing carries business implications for companies working in the industry, for which R&D tax credits may be applicable.

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