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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

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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With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient

TechCrunch

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. The round was co-led by Brazil-based Echo Capital and Oria Capital , with participation from TPG Capital , Argonautic Ventures , and others.

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Pitching tech to optimize building design for sustainability, Atlanta-based Cove.tool raises $5.7 million

TechCrunch

Patrick Chopson and Sandeep Ahuja started cove.tool , an Atlanta-based company developing software to optimize building design for sustainability and cost, because of problems they’d faced in their careers as architects. Omar Hamoui leaves Sequoia for LA-based Mucker Capital as it looks to lead more Series A deals.

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TechCrunch+ roundup: Construction tech survey, founder-CEO friction, diversify your cap table

TechCrunch

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. Heinrich Gröller, partner, Speedinvest.

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Advancing social and environmental change in Argentina

Young Leaders of the Americas Initiative

All three organizations aim to empower communities in Argentina by addressing social problems through reducing construction debris, creating organic gardens, and promoting digital literacy respectively. La Escombrera is an organization that aims to reduce construction waste in Argentina. What projects are you working on now?

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The Next Wave of Climate Tech

Revolution

As investors with capital to put to work, we have to have a ‘challenge accepted’ mindset.” While many think achieving that goal is unlikely, as investors with capital to put to work, we have to have a ‘challenge accepted’ mindset.” — Kristin “I look for tech opportunities that enable sustainable B2B change versus small lifestyle changes.

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NJEDA Board Approves Program to Expand Access to Capital for Emerging Developers

American Entrepreneurship

The Emerging Developer Fund will help developers gain access to capital and build additional capacity to expand their existing portfolio. Access to capital for small-scale developers in the real estate development industry continues to be a challenge. Costs associated with purchase of property or construction are not eligible.

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