AI platform nPLan raises £11.9m led by CapHorn with Chevron Technology Ventures
This article covers the Series B on 20 October 2025, nPLan, a London-based AI company transforming capital project delivery, founded by Dev Amratia. The company raised £11.9m in a round led by CapHorn with participation from Chevron Technology Ventures.
What does nPLan do?
nPlan is a software platform that uses AI and historical project schedule data to analyse capital project delivery. It provides probabilistic forecasts and risk analysis to help owners and contractors identify delays and manage project delivery.
Why is nPLan useful?
Problem
Project owners and contractors face chronic delays and cost overruns on large capital projects worldwide. Existing planning tools miss hidden risks and fail to give reliable, proactive forecasts for complex schedules.
Solution
nPlan explains that it uses AI trained on a large dataset of past project schedules to predict risks. This gives project teams probabilistic forecasts and highlights hidden delays so they can act early.
How much did nPLan raise?
nPlan raised £11.9m ($16m) in a Series B led by CapHorn and Chevron Technology Ventures, alongside existing backers. This makes it the 10th largest funding round in October 2025 (53 recorded). As of 20 October 2025, the round is the 143rd largest of the year (525 total) in the Startupmag database.
For details on how Startupmag compiles its rankings, view our Methodology.
Who invested in nPLan?
The key investors were:
- CapHorn: A Europe-based venture capital firm that invests in enterprise and industrial software and B2B technology companies.
- Chevron Technology Ventures: The corporate venture arm of Chevron that invests in energy, industrial and climate-related technologies globally.
- Suffolk Technologies: The innovation arm of Suffolk Construction that invests in and develops construction technology and digital construction solutions.
- GV (Google Ventures): A venture capital firm that invests across technology sectors and stages worldwide.
- Pentech Ventures: A UK venture capital firm that backs early-stage technology companies.
- LocalGlobe: A UK seed-stage investor focusing on early-stage technology startups in the UK and Europe.
- Sir Ian Davis: Angel investor with a background as former CEO of McKinsey and experience in corporate leadership.
- Sir Demis Hassabis: Angel investor with a background as founder and CEO of DeepMind and experience in AI research.
- Lord David Prior: Angel investor with a background as former chair of NHS England and experience in public sector leadership.
In the funding announcement, Flora Coppolani from CapHorn said:
We are excited to back nPlan as it scales a category it has already defined. The company has demonstrated impressive momentum, growing a global customer base, delivering real value to both owners and contractors, and continuing to push the boundaries with its approach to R&D.
The investor added that the company combines experienced leadership with a technology platform that is reshaping capital project delivery and is positioned to become an important tool for the industry.
If you're researching potential backers in this space:
- Explore our list of AI venture capital firms in the UK
- Browse our directory of AI angel investors in the UK
Who founded nPLan?
Dev Amratia is the founder of nPLan.
In the funding announcement, Dev Amratia explained:
The UK has led the way in AI for construction since our inception in 2017. I’m proud to continue that leadership.
The company continued that it has been building a new standard for capital delivery with customers worldwide and that the funding will allow it to scale that transformation and demonstrate that a UK company can lead globally in this application of AI.
Where is nPLan based?
nPLan is based in London, UK.
What sector is nPLan in?
nPlan operates in the AI for construction sector. The sector applies artificial intelligence to plan, forecast and reduce delays and cost overruns in capital projects. In plain terms, it helps teams avoid costly delays and keep projects on schedule.
Key trends and challenges in Construction:
AI and predictive analytics adoption
New AI tools give probabilistic forecasts and create schedules, for example converting scope documents in seconds.
Chronic delays and cost overruns
Six out of seven large projects finish late, and one in ten overrun by more than a year.
Data fragmentation and governance
Useful AI needs lots of past project data, but data is fragmented, with schedules in many formats.
For a deeper look at innovation in this space, see the AI startups in the UK.
They've invested in nPLan
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| Investor | Sector | Stage | Activity | Team | Connect |
|---|---|---|---|---|---|
 Google Ventures | 14 investment(s) investment(s) | 14 contacts contacts | |||
 Pentech | 1 investment(s) investment(s) | 4 contacts contacts | |||
 LocalGlobe | 20 investment(s) investment(s) | 12 contacts contacts |
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