TechCrunch

JUNE 29, 2021

New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. Construction startups have also begun to heat up. Toggle automates an entirely different part of the construction process. It follows a $3 million seed round raised in late-2019.

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TechCrunch

JANUARY 19, 2021

Bay Area-based construction startup TraceAir today announced a $3.5 We first noted the company back in 2016 , when it pitched a method for using drones to spot construction errors before they become too expense. The pandemic has thrown the construction industry for a loop (along with countless others). million Series A.

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TechCrunch

MAY 18, 2022

While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. Even though many large construction firms manage internal R&D units, more than a third of employees say they’re reluctant to adopt new technology. of the U.S. Its recently enacted $1.2

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TechCrunch

NOVEMBER 17, 2020

In the wake of COVID-19 this spring, construction sites across the nation emptied out alongside neighboring restaurants, retail stores, offices and other commercial establishments. Amidst the chaos, construction firms faced an existential question: How will they survive? Construction is a massive, $1.3

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TechCrunch

MAY 10, 2022

Construction tech is one of those sectors that has not historically been considered “sexy” in a startup world that often favors glitzier technology. But construction fuels the commercial and real estate industries, which in turn impacts all of us in one way or another. Construction tech startups are poised to shake up a $1.3-trillion-dollar

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TechCrunch

APRIL 5, 2023

Construction insurance company Billy announced today the closing of an additional $2.5 Gutsa combined his background in construction product management with Robbins’ decade of experience running a construction business to launch Billy, which digitizes and streamlines the construction compliance management process.

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TechCrunch

SEPTEMBER 26, 2022

based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised $16 million in funding. So it’s clear that investors are still keen on backing the next big construction industry movers and shakers. Disperse , a U.K.-based

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TechCrunch

MARCH 15, 2022

Meirav Oren is the co-founder and CEO of Versatile , a construction technology startup using AI and IoT to help construction professionals in making data-driven decisions to support job site safety and productivity. The bill also includes $100 million to construction technology over the next five years. Share on Twitter.

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TechCrunch

APRIL 11, 2023

French startup Graneet is building an all-in-one software-as-a-service product focused on small construction companies. That’s why the startup raised a €8 million Series A round ($8.7 Due to the founder’s background, Graneet is focusing on construction companies. Image Credits: Graneet Graneet raises $8.7

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TechCrunch

MAY 18, 2022

Construction as an industry has evolved with civilization through the ages. Construction’s digital transformation journey is only just beginning, and the sector offers a ton of space for innovation. To get a clear picture of where construction tech stands today, we spoke with five active investors in the space.

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TechCrunch

FEBRUARY 1, 2022

When it comes to construction projects, any type of delay can result in increased costs both for the contractor and their customer. It is also interesting that Tiger Global is a co-lead as it is yet another example of the investment giant backing a construction tech company — a growing area of interest for the firm.

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TechCrunch

MAY 20, 2021

One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Construction tech startups are poised to shake up a $1.3-trillion-dollar Renovating a home is an exciting, yet often fraught-filled, endeavor.

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TechCrunch

MARCH 23, 2022

The Houston-based startup developed a robot that prints building layouts on the floor of construction sites, so workers know where — and where not — to build. Now, it seems, construction is a prime target for robotics. Pandemics happen, people get sick — but construction, it seems, never stops.

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TechCrunch

AUGUST 4, 2021

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Lightspeed Venture Partners led the round, with participation from previous investors TLV Partners, Future Energy Ventures and Tidhar Construction Group.

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Jason Malki

AUGUST 24, 2023

Going Beyond Good Intentions: Wissam Akra’s Trailblazing Journey in Transforming the Construction Industry It’s a strange, wonderful, and sometimes scary time for industries that are impacted by the adoption of AI into their day-to-day work. Construction is no different. What motivated you to launch your startup?

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TechCrunch

APRIL 21, 2022

Construct Capital co-founders and general partners Dayna Grayson and Rachel Holt continue to dive into innovation that some investors may not think is so sexy, but actually runs behind the scenes so that our food gets to grocery stores every week and our packages arrive when they say they will.

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TechCrunch

FEBRUARY 9, 2022

Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. Construction is one of the largest industries in the world but amongst the least open to new technology. It also requires a great deal of collaboration, which makes it an ideal playground for tech startups.

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TechCrunch

APRIL 28, 2021

Champ Suthipongchai is a co-founder and general partner at Creative Ventures , a method-driven deep-tech VC firm investing in startups that address the impact of increasing labor shortages, rising healthcare costs and the climate crisis. Between 1985 and 2015 , the average age of construction workers increased from 36 to 42.5,

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TechCrunch

MAY 17, 2022

In the construction industry, managers can become disconnected from what’s happening on-site — particularly when dealing with pandemic-related disruptions. One study found that 85% of construction projects over the course of a 70-year period experienced cost overruns and just 25% came close to their original deadlines.

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TechCrunch

NOVEMBER 1, 2021

Mosaic Building Group , a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures. To make residential construction more scalable. The startup says it is able to do that because its technology actually automates the construction planning process.

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TechCrunch

AUGUST 12, 2021

Agora , a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management. Agora , a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management.

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TechCrunch

JULY 20, 2021

With the pandemic affecting every aspect of life and industry, it’s no surprise that digitization is coming to construction fast. Construction suppliers are increasingly under the same pressure as other sectors to perform at a higher level. This is the argument of Brokrete , which bills itself as the “Shopify of construction.”.

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TechCrunch

MAY 20, 2022

The technological advances we’ve made over the last few thousand years are stunning, but the construction industry still relies on centuries-old technology. Even so, investors are backing startups bringing robotics, data management, automation and augmented reality into the construction process. Walter Thompson. yourprotagonist.

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TechCrunch

JUNE 15, 2021

It certainly follows then that some leading construction robotics companies are able to strike while the iron is hot with some healthy raises. Led by Canaan Partners and featuring NextGen Venture Partners, Baseline Ventures, Root Ventures and Cantos Ventures, the round brings the startup’s full funding up to $23.7 million Series A.

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TechCrunch

APRIL 24, 2023

More construction projects are being started, but payments to contractors and their subcontractors continue to cause a bottleneck in the normal course of completing a project. Constrafor grabs $106M in equity, credit to finance construction subcontractors The company raised $106.3

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TechCrunch

JULY 16, 2021

She left NEA to start her own fund, Construct Capital, that focuses exclusively on early-stage startups, with a portfolio that includes Copia, ChargeLab, Tradeswell and Hadrian. That’s where Construct Capital came in. At Disrupt, Grayson will serve as a Startup Battlefield judge.

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TechCrunch

MARCH 24, 2021

Hong Kong-based viAct helps construction sites perform around-the-clock monitoring with an AI-based cloud platform that combines computer vision, edge devices and a mobile app. The startup announced today it has raised a $2 million seed round, co-led by SOSV and Vectr Ventures. Construction tech startups are poised to shake up a $1.3-trillion-dollar

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TechCrunch

JUNE 2, 2022

If you’ve ever had to get a construction permit, you know that the process can be very painful and time-consuming. Pulley is a San Francisco-based startup that wants to help speed up that process with its “purpose-built” software, and it has raised $4.4 Commercial construction in the U.S. million toward that effort.

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TechCrunch

JULY 8, 2022

One of the stunning facts that’s emerged over the last few years — especially as VCs and startups have turned their attention toward the climate crisis — is that our cities produce an enormous amount of CO 2 : In fact, buildings are responsible for around 40% of global CO 2 emissions.

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TechCrunch

JULY 7, 2022

In the construction business, time is money. But with so many moving parts, it can be extremely challenging for construction companies to manage the administrative aspects of their finances. Adaptive , an 11-month-old startup that has set out to give construction teams better tools to manage their back offices, has raised $6.5

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TechCrunch

NOVEMBER 29, 2022

ICON , a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. million NASA contract for lunar construction tech by Aria Alamalhodaei originally published on TechCrunch. Air Force, which was partly funded by NASA.

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TechCrunch

DECEMBER 23, 2021

Brazilian construction tech startup Ambar announced it has raised a large Series C round: R$204 million, approximately $36 million at today’s mid-market rate. Ambar was created in 2013 with the ambition to leverage technology to make the civil construction process more efficient. Ambar is not a general contractor, though.

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TechCrunch

OCTOBER 26, 2021

Bridgit , a “workforce intelligence” technology company that is focused on the construction industry, announced today that it has raised CAD$24 million, or about US$19.4 Camber Creek and Storm Ventures co-led the financing, which brings the Toronto-based startup’s total raised to more than CAD$35 million. million, in Series B funding.

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TechCrunch

FEBRUARY 24, 2022

The challenges her father faced as a business owner in the construction industry always stayed in the back of her mind, so when Lin got the entrepreneurial itch, it was a natural move to help start a company that helped trade contractors better control their finances. “I It’s basically the slowest paying industry in the world,” Lin said.

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TechCrunch

AUGUST 19, 2021

The seed round is led by Prime Movers Lab and Alpaca VC and features a slew of additional firms, including Dolby Family Ventures, Calm Ventures, Gaingels, Towerview Ventures, GFA Venture Partners and Suffolk Construction. The former involves a set of 26 different robotic arm attachments to assist with the construction.

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TechCrunch

JUNE 7, 2021

Briq , which has developed a fintech platform used by the construction industry, has raised $30 million in a Series B funding round led by Tiger Global Management. Briq CEO and co-founder Bassem Hamdy is a former executive at construction tech giant Procore (which recently went public and has a market cap of $10.4

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AsiaTechDaily

OCTOBER 19, 2023

Register Stilt Studios , the Indonesian startup renowned for its innovative prefabricated modular homes, has successfully concluded a series A funding round, raising $10 million through a blend of debt and equity investments. The injection of capital will fuel the startup’s expansion across international markets.

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