JERUSALEM (Reuters) -Israeli construction technology startup Buildots said on Thursday it had received a $15 million investment led by Intel Capital to help it grow. 

OG Tech Partners and previous investors also participated in the funding round that brings Buildots' total financing raised to $121 million. 

Buildots uses artificial intelligence (AI) software to help the construction sector overcome inefficiencies and prevent errors that could lead to schedule delays and budget discrepancies. 

The company said it lessens costs while reducing delays by up to 50%.

By Reuters.

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