Fundraising Fox

Nodes & Links

Entrepreneur First '18

London, GB Β· Founded 2018 Β· 58 employees on LinkedIn Β· 21 known investors

Nodes & Links builds AI-powered project management software that helps teams understand and proactively manage project schedules and plans. It serves schedulers, project managers, project controls staff, and executives at general contractors, owners/operators, PMOs, and consultancies.

Also known as Nodes & Links Ltd Β· Nodes and Links

Founders & leadership

Nodes & Links was founded in 2018 by Greg Lawton, Dr. Christos Ellinas, and Christos Ellinas.

GLGreg Lawton
Greg Lawtonin𝕏Co-founderGreg trained as an astrophysicist and spent seven years at BAE Systems in the UK, where he ran defence programmes valued at over Β£100 million. He also advised the company's Board of Directors on international strategy and managed its relationships with the UK Government and Ministry of Defence.
DCDr. Christos Ellinas
Dr. Christos EllinasinCo-founder
CE
Christos EllinasinCTOChristos earned an Engineering Doctorate in Systems Engineering at the University of Bristol, where he subsequently joined the faculty, and has served as a Visiting Professor at Stevens Institute of Technology. His research on complex systems has won awards, appeared in major scientific journals and industry guidance, secured EU and industry funding, and been trialled on multiple large-scale projects.

Investors Β· 21

Also in the syndicate Β· 7

Andrew MullingerAngelic Venturesexisting investorsSFCSparkLabs GroupTong GuleadUncorrelated

Funding

SEC filings, press & company announcements

$12M disclosed across 1 of 6 rounds Β· 2019–2026

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Nodes & Links is a London-headquartered software company that applies artificial intelligence to project controls for large, complex capital projects, including roads, energy, rail and hyper-scale construction such as data centres. Its platform ingests project schedules and documents, keeps them synchronised in a single cloud workspace, and provides analysis of schedule quality, change and delay impact, risk and reporting. The company describes its models as compatible with Primavera P6 principles and grounded in over a decade of scheduling research, with auditable reasoning intended to avoid unverifiable outputs.

The product is offered in multiple modes β€” a conversational AI mode, an on-demand answering mode, and an automated monitoring mode β€” over the same underlying analytics. Documented feature areas include portfolio health tracking, a live Timeline view, an AI agent that answers natural-language questions and generates text, tables and charts, AI Reports with configurable widgets, Schedule Health checks with user-defined thresholds, Change Control with side-by-side Gantt comparison, a Delay Navigator that traces delays through predecessor chains and calculates each activity's delay contribution, progress tracking by WBS and activity code, critical path analysis with uncertainty simulation, trend tracking for up to 20 tasks and milestones, AI-driven quantitative schedule risk analysis (stated to handle 50,000 activities in under two minutes), earned value management and resource monitoring, and a CO2 management module that derives a carbon footprint from schedule resources in a manner described as compatible with PAS 2080.

Earlier coverage described the company's platform under the name Aegis as a scheduling system for large-scale infrastructure. More recent materials position the offering around "Vertical AI agents" that automate workflows such as project performance analysis and compliance reporting.

Founding story

Per the company, the founders started Nodes & Links out of personal frustration with the tools and technology they had relied on to manage projects, and set out to build the solution they wished had existed. Secondary sources state it was founded in 2018 by Greg Lawton (CEO) and Dr. Christos Ellinas (CTO); one profile places the founding in Cambridge, England, while the company and other sources describe it as London-based.

Business model

Nodes & Links sells a cloud-based SaaS platform for project controls to enterprise clients β€” contractors, owners and consultancies β€” running large capital projects. The product is delivered as a hosted workspace with enterprise APIs and integrations that ingest schedule versions and project documents automatically, and is positioned around enterprise requirements such as ISO 27001 certification and keeping customer data inside the customer's environment rather than passing it to public LLMs.

Sources do not specify pricing or contract structure; the offering is described as a cloud-based SaaS platform sold to enterprises, with a demo-led sales process.

Traction

The company reports its platform is used by AECOM, Turner & Townsend, Costain, Laing O'Rourke, Intel and other Fortune 500 companies; earlier coverage listed Balfour Beatty, Costain and BAM Nuttall as users of its Aegis platform. A trade report states that in 2024 the platform saved enterprises over 175,000 hours and €3.6 million, achieved a 6x increase in adoption rate, and had reduced over 9,000 kT of carbon emissions across more than 711 projects. A third-party profile cites customer-reported savings of 232 hours per month and 327% ROI.

Latest developments

In February 2025 the company announced a $12M Series B led by ETF Partners (reported as €11.4M by one outlet, joined by SFC, Uncorrelated and existing investors) to expand AI capabilities, grow in infrastructure and data centre sectors, and scale in the US. Its current website markets an AI-first interface with conversational, on-demand and automated monitoring modes layered over its project controls platform, alongside ISO 27001 certification and a policy of not sending customer data to public LLMs.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

The company targets the construction and infrastructure sector, described in its own release as a $12 trillion annual industry that spends under 1% of revenue on IT. Coverage identifies Oracle Primavera and spreadsheet-based workflows as its competitive alternatives. Named users across sources include AECOM, Turner & Townsend, Costain, Laing O'Rourke, Intel, Balfour Beatty and BAM Nuttall.

The company positions itself against generic large language models and traditional project controls software, arguing that its models are purpose-built on project controls research, produce auditable answers traceable to source, and are compatible with P6 principles. It also emphasises data residency inside the customer environment with no use of public LLMs, ISO 27001 certification, and the ability to inspect the AI's reasoning steps or audit results in Platform Mode. Third-party material cites peer-reviewed AI technology, out-of-the-box deployment without lengthy integration or training, and coverage of scheduling, risk, resources and earned value in one product.

Technology

AI applied to critical-path-method schedule data, described as "Vertical AI agents" built on proprietary, peer-reviewed research and more than ten years of scheduling foundations. Capabilities include automated schedule quality scanning, change tracing, delay-contribution algorithms, uncertainty and what-if simulation for quantitative schedule risk analysis, generative narrative reporting via a private GPT-like model, natural-language querying, earned value and resource analytics, and carbon footprint calculation from schedule resources. The company states answers are grounded in auditable models compatible with P6 principles and that data does not touch public LLMs.

Go-to-market

Enterprise sales into large contractors, owners/operators and consultancies, with a demo-request motion on the website. Named references and case studies with firms such as AECOM and Turner & Townsend are used publicly, and the company reports use across a portfolio of projects rather than single-project deployments.

Schedulers and planners, project controls staff, project managers, and executives and sponsors at contractors, project owners and consultancies delivering large infrastructure and construction programmes, including roads, energy, rail and data centres; one profile also cites aerospace and defence.

Geography

Headquartered in London, United Kingdom. Following the February 2025 Series B, the company said it would cement its European presence and expand into the United States. Its own site states the team spans 9 countries and 12 languages.

History

The company launched in 2018 and raised a reported $1.8M seed round in June 2019. In June 2021 it raised an $11M Series A led by 2150, with Zigg Capital and Westerly Winds and existing investors Entrepreneur First, ADV and Seedcamp; at that time its product was branded Aegis and used by Balfour Beatty, Costain and BAM Nuttall. In February 2025 it announced a $12M Series B (reported elsewhere as €11.4M) led by ETF Partners, with SFC, Uncorrelated and existing investors, to expand in Europe and enter the US market. One third-party profile puts cumulative funding at $24.8M across three rounds.

Risks & controversies

Sources disclose no litigation or controversies. Reporting is inconsistent in places: the February 2025 round is stated as $12M by the company and €11.4M by a trade outlet; one aggregator profile lists both "around 50 employees" and an employee band of 1001-5000 and reports a $21.8M revenue figure and Series A investor list (Andrew Mullinger, Angelic Ventures, Heartcore Capital, Outrun Ventures, SparkLabs Group) that differ from the investors named in contemporaneous press coverage. Founding location is given as London by most sources and Cambridge by one. Much of the performance evidence available is customer testimonial or company-reported.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Carbon emissions reduced via platformFeb 20259,000 kT CO2
Customer cost savings in 2024Jan 20243,600,000 EUR
Customer-reported ROIJan 2025327%
Customer-reported time savingsJan 2025232 hours per month
Employees (as reported by third-party profile)Jan 202550 people
Hours saved for enterprise customers in 2024Jan 2024175,000 hours
Increase in adoption rateJan 20246x increase in adoption rate in 2024
Languages spoken by teamJan 202512 languages
Nationalities represented in teamJan 20259
Number of funding roundsFeb 2025$3
Projects coveredFeb 2025711 projects
Revenue (as reported by third-party profile)Jan 2025$21.8M
Security certificationJan 2025ISO 27001 certified
Share of team holding a PhDJan 202510%
Total funding raisedFeb 2025$24.8M

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Founder mafia

2 people who came through Nodes & Links went on to found or lead other companies.

Competitors Β· 4

by search overlap

Companies competing with Nodes & Links for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline Β· 6

launches, deals, and filings
Feb 2025
Expansion into the US market

Following its Series B, the company stated plans to scale its footprint across the U.S. and expand delivery of its Vertical AI agents across Europe.

source β†—

Feb 2025
Nodes & Links announces $12M Series B led by ETF Partners

The London-based company announced a $12 million Series B round led by ETF Partners, to fund international growth, strengthen its European presence and expand into the US. A parallel report described the round as €11.4 million, led by ETF Partners with SFC, Uncorrelated and existing investors participating.

$12M source β†—

Feb 2025
AECOM adopts Nodes & Links for predictive project insights

AECOM stated it adopted the platform to unlock tailored predictive insights and support its sustainability goals, per its Project Controls Director Richard Newey.

source β†—

Feb 2025
Deployment with Turner & Townsend on a data centre project

On a data centre project with Turner & Townsend, the platform automated programme management tasks and produced insights in seconds, replacing processes that previously took days.

source β†—

Jun 2021
$11M Series A led by 2150

Series A round led by urban sustainability fund 2150, alongside Zigg Capital and Westerly Winds, with participation from existing investors Entrepreneur First, ADV and Seedcamp.

$11M source β†—

Jun 2019
$1.8M Seed round

Seed round of $1.8M reported with Tong Gu listed as lead investor.

$1.8M source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Companies House Β· registry record

View on Companies House β†—
Registered name
NODES & LINKS LIMITED
Company number
11388602
Status
Active
Company type
Private limited company
Incorporated
30 May 2018
Registered office
Salisbury House, Station Road, Cambridge, CB1 2LA
Nature of business (SIC)
62012 β€” Business and domestic software development
Accounts
last made up to 31 Dec 2025 Β· next due 30 Sept 2027
Confirmation statement
last made up to 29 May 2026 Β· next due 12 Jun 2027

Current officers Β· 4

  • Christos Ellinas β€” director, appointed 30 May 2018
  • Christian Hernandez Gallardo β€” director, appointed 21 Jun 2021
  • Greg Lawton β€” director, appointed 30 May 2018
  • Lucy Victoria Rands β€” director, appointed 8 Jan 2025

Source: Companies House public register Β· retrieved 23 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Nodes & Links do?
London-based Nodes & Links sells an AI project controls platform that analyses schedules, delay, risk and reporting for large capital projects.
Who founded Nodes & Links?
Nodes & Links was founded by Greg Lawton, Dr. Christos Ellinas, Christos Ellinas in 2018.
Who are Nodes & Links's investors?
Nodes & Links's investors include Carbon, Entrepreneur First, Niya Partners, Red Bear Ventures, Seedcamp, Westerly Winds, Zigg Capital, 2150 and 6 more.
How much funding has Nodes & Links raised?
Nodes & Links has disclosed $12M raised across 1 of its 6 known rounds.
Where is Nodes & Links headquartered?
Nodes & Links is headquartered in London, GB.