The Atlanta Falcons may have suffered a tough Super Bowl loss to the New England Patriots this past Sunday after being up 19 points with just 9:45 left on the clock, but their city still has plenty to celebrate these days. The Georgia capital has added 424,000 people to its metro population since 2010, it climbed from 61st to 50th place in the past year on US News & World Report’s list of the 100 Best Places to Live in the USA, its Falcons and Braves will play in brand-new stadiums in 2017, it’s home to major companies such as Home Depot, and, most importantly to us, its star is rising in the construction technology sector.
At the vanguard of this ascent is The Combine, a venture firm co-founded by serial entrepreneur K. P. Reddy, who has spent more than 25 years dividing his time between tech and civil engineering endeavors. Though it’s based in Atlanta, The Combine’s reach extends nationally, and it recently inked a partnership deal with international structural engineering firm Thornton Tomasetti to help spin out five of the firm’s internal organizations into stand-alone start-up companies. The five companies will come from Thornton Tomasetti’s technology accelorator, TTWiiN, and The Combine will apply its hands-on venture approach to them.
“We’re less consultants and more practitioners,” Reddy says. “What we’re helping with is, literally, formation of the company, sales and marketing, product development. What we find a lot of times is that the product development is in prototype, so you have to make it commercial-ready.”