Complex projects account for over 4% of the world’s GDP, yet only 7.8% are completed on budget and to time and profits are regularly in the single digits. Nodes & Links is world-leading in the field of complexity science and in its application to project management.
We’re incredibly excited to welcome the team to the Seedcamp Nation and invest in their £1.4M seed round, led by our friends at ADV and with participation from Entrepreneur First, to help Nodes & Links on their mission to increase the performance of complex projects around the world and across all industries.
Nodes & Links CEO, Greg Lawton, said, “The world of the future will not look like the one today: it will have hyperloops; space travel; sustainable living and total global interconnectivity. All aspects of change will be driven in one way or another by complex projects. Through this investment we can accelerate our work to make these endeavours more efficient and effective. By taming complexity, we will enter a new era of productivity with the complex projects we undertake, achieving what was before thought to be impossible.”
The company, which is headquartered in London and has a laboratory in Cyprus, has developed world-leading technology to quantify and control the effects of complexity. Its most recent deployments included de-risking the maintenance plan for a UK-based Nuclear Reactor, improving the baseline estimates of a £billion infrastructure project, and improving upon the industry-standard Critical Path Method by over 2,800% in the aerospace domain.
Nodes & Links is now building its capability into a hybrid-collective intelligence called Aegis and partnering with some of the world’s largest organisations to deploy its intelligence.
Greg Lawton continued, “By quantifying the causal and probabilistic relationships that exist between project KPIs and human actions we give managers, sponsors and executives confidence in the delivery of their most ambitious endeavours. Moreover, we give them the opportunity to improve and learn over time. The change that we are ushering in is as philosophically important as automation was for manufacturing and agile was for software development, and that is really exciting. Through this investment, we will be able to accelerate our growth and continue our work on producing world-leading research.”
On the investment our Partner, Tom Wilson, comments: “Rarely a week goes by without a headline somewhere highlighting the impact of the increasing complexity in projects across a multitude of verticals from construction to travel to defence. This pain point is being acutely felt and is impacting the entire economy as a result of spiralling and unpredictable costs. Nodes and Links are bringing increased clarity and predictability to such complexity and we’re delighted to be able to help them on their journey.”
