TechCrunch: Where top VCs are investing in construction robotics

Dream It

Via TechCrunch by Arman Tabatabai: Venture capital has been flooding the various subverticals under the robotics umbrella in recent years, and the construction space is one of the largest beneficiaries. How much time are you spending on construction robotics right now?

Investment in construction automation is essential to rebuilding US infrastructure

TechCrunch

While the Biden administration’s plan will certainly expand the workforce, it also provides a massive opportunity for the adoption of automation technologies within the construction industry. Between 1985 and 2015 , the average age of construction workers increased from 36 to 42.5,

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Drone-focused construction startup TraceAir raises $3.5M

TechCrunch

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. Construction startup Scaled Robotics raises a €2M seed round.

Hong Kong-based viAct raises $2M for its automated construction monitoring platform

TechCrunch

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. Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe.

Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

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? Allison Xu.

SkyMul’s drones secure rebar on the fly to speed up construction

TechCrunch

There are many jobs in the construction industry that fall under the “dull, dirty, and dangerous” category said to be ripe for automation — but only a few can actually be taken on with today’s technology. Drone-focused construction startup TraceAir raises $3.5M.

Conviction, Diversification, and Portfolio Construction

Haystack

There are countless posts on portfolio construction, or how many investments are ideal in a venture portfolio, and so forth. What I do is that the topic of VC fund portfolio construction is not an easy way to grasp, and is likely even harder to master in practice. So, we have this portfolio construction tension between concentrating money into the best companies in a portfolio versus protecting the GP and LPs via diversification.

Foresight raises $15M for its construction workers’ compensation platform

TechCrunch

When an accident on a building site resulted in the death of their friend, the founders of Safesight were inspired to launch the platform to digitize safety programs for construction.

WoHo wants to make constructing buildings fast, flexible and green with reusable “components”

TechCrunch

Yet how we conceive buildings, architect them for their uses, and ultimately construct them on a site has changed remarkably little over the past few decades. Housing and building costs continue to rise, and there remains a slow linear process from conception to construction for most projects.

Construction rental startup YardLink raises funding from Speedinvest

TechCrunch

YardLink allows construction companies to obtain critical equipment faster than traditional equipment rental companies. The construction industry faces new guidelines to prevent the spread of coronavirus, such as having to provide portable site cabins and accommodation for its workforce.

[Virgin Hyperloop One in The Construction Index] Mass transport for the post-Covid world

OurCrowd

The post [Virgin Hyperloop One in The Construction Index] Mass transport for the post-Covid world appeared first on OurCrowd. Hyperloop is being heralded as the first new form of public transportation in more than a century. Lisa Russell looks at whether Covid-19 might accelerate its adoption.

Mighty Buildings nabs $40M Series B to 3D print your next house

TechCrunch

It claims to be able to 3D print structures “two times as quickly with 95% less labor hours and 10-times less waste” than conventional construction. Construction and building account for more carbon emissions in the U.S.

Startups have about $1 trillion worth of reasons to love the Biden infrastructure plan

TechCrunch

Tech companies have spent the past decade or more developing innovations that can be applied to old-world industries like agriculture, construction, energy, education, manufacturing and transportation and logistics.

10 investors predict MaaS, on-demand delivery and EVs will dominate mobility’s post-pandemic future

TechCrunch

Rachel Holt , co-founder and general partner, Construct Capital. Startups TC Transportation Venture Capital CapitalG Construct Capital EC investor survey EC Mobility Software Expa Inmotion Ventures menlo ventures playground global Rachel Holt shawn carolan Urban Innovation Fund

The Optimal Seed Round Construction to Maximize Series A Success

Tomasz Tunguz

image credit: Svjetlana Tepavcevic. Is it better to raise your startup’s seed round from only angel investors, or is it better to include a VC or two? Several founders on the precipice of launching their seed fundraising processes have asked me this question. It’s a very difficult one to answer hypothetically because there are many different variables to balance. For example, VCs may invest larger sums than angel investors.

Drone data scanning company Skycatch announces a $25M raise

TechCrunch

Founded in 2013, the Bay Area-based company provides centimeter-accurate 3D scanning services, primarily for construction sites and mining operations. Where top VCs are investing in construction robotics. Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker.

Photo: First Round Capital's new NYC office under construction

This is going to be BIG.

Photo: First Round Capital's new NYC office under construction , originally uploaded by ceonyc

Now approved in LA, Abodu’s backyard homes can now go from contract to completion in as little as 30 days

TechCrunch

Abodu , one of a slew of startup companies pitching backyard homes and office spaces to Californians in an effort to help address the state’s housing shortage, has instituted a new “Quickship” program that can take an order from contract to construction and installation in about 30 days. In Los Angeles, La Mas , IT House, Design, B **s, Connect Homes, Welcome Projects and First Office have all had homes pre-approved for construction.

Building-code compliance startup UpCodes gets $3.36M in pre-Series A funding

TechCrunch

The company’s paid customers include construction firms like Stantec and ARCO National Construction, architecture firms SOM and Ennead, and Airbnb, Cornell University and the State University of New York.

Bogota’s Tül raises $4 million to improve the supply chain for construction in Latin America

TechCrunch

Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction jobs in the region, Lafaurie said.

[Locusview in CTech] Locusview Raises $64M For Its Digital Construction Management Platform

OurCrowd

Israeli startup Locusview, a Digital Construction Management (DCM) platform for energy, telecom, and water industries managing infrastructure projects, has raised $64 million in a Series A funding round, the company announced last week.

E-commerce optimization startup Tradeswell raises $15.5M

TechCrunch

The Series A was led by SignalFire, which also led Tradeswell’s seed round, while Construct Capital, Allen & Company and The Emerson Group also participated. After launching in October, Tradeswell is announcing today that it has raised $15.5 million in Series A funding.

With new cash and a former Apple exec now at the helm, Connect Homes is ready to reconstruct homebuilding

TechCrunch

Currently, Leung said, there are three types of new construction getting built — new tract homes, multi-family housing units and high rises. “You cannot construct today cheaper than existing assets,” Bechtel said.

Bringing jobs and health benefits, BlocPower unlocks energy efficiency retrofits for low-income communities

TechCrunch

The company has developed software to analyze a building’s construction by creating a virtual twin based on blueprints and public records.

[EquipmentShare in Silicon Republic] 8 start-ups transforming the construction industry

OurCrowd

EquipmentShare has been described as the “Airbnb of construction” for its equipment rental service. The post [EquipmentShare in Silicon Republic] 8 start-ups transforming the construction industry appeared first on OurCrowd.

[Freightos in Construction Business News] Tradeling makes freight booking simple, convenient and cost-effective with exclusive Freightos.com partnership

OurCrowd

The post [Freightos in Construction Business News] Tradeling makes freight booking simple, convenient and cost-effective with exclusive Freightos.com partnership appeared first on OurCrowd Blog.

[OurCrowd CEO Jon Medved in Times of Israel] In Israel, coronavirus likely to affect tourism and construction first – analyst

OurCrowd

The post [OurCrowd CEO Jon Medved in Times of Israel] In Israel, coronavirus likely to affect tourism and construction first – analyst appeared first on OurCrowd.

[Virgin Hyperloop One in Construction Equipment] 22 States Bid on Hyperloop Test Track

OurCrowd

The post [Virgin Hyperloop One in Construction Equipment] 22 States Bid on Hyperloop Test Track appeared first on OurCrowd. The Wall Street Journal reported that 22 states including Missouri, Texas, North Carolina, and Ohio have bid on the first Hyperloop certification track. Los Angeles-based Virgin Hyperloop One sent out a request for proposals asking states to bid for a chance to host a 6-mile test track. Read more here.

ChargeLab raises seed capital to be the software provider powering EV charging infrastructure

TechCrunch

million in seed financing led by Construct Capital and Root Ventures, is looking to be the software provider providing the chargers built by everyone else.

[skyTran in ME Construction News] RTA and skyTran to develop driverless transportation system in Dubai

OurCrowd

The post [skyTran in ME Construction News] RTA and skyTran to develop driverless transportation system in Dubai appeared first on OurCrowd. Dubai’s Roads and Transport Authority (RTA) has signed a MoU with skyTran to develop advanced public transport facilities in the emirate. Read more here. News Center mobility portfolio news skytran

Clearing a Path Toward Equity Through Entrepreneurship

CO.STARTERS

One particular initiative on the horizon is the construction of a digital innovation lab equipped with virtual reality functionality to test concepts and prototypes. . CASE STUDY. Forward Cities + The Corner. New Kensington, Pennsylvania.

[Virgin Hyperloop One in Construction Week Online] Virgin Hyperloop One, Bee’ah attend Gitex Technology Week 2019

OurCrowd

The post [Virgin Hyperloop One in Construction Week Online] Virgin Hyperloop One, Bee’ah attend Gitex Technology Week 2019 appeared first on OurCrowd. Exhibiting at Gitex for the first time, Virgin Hyperloop One will showcase how its technology – which features electromagnetically levitated pods travelling through low-pressure tubes at speeds of up to 1,223kmph – can improve mobility across the world. Read more here.

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.

Future of Real Estate Pitch Competition in Miami

Dream It

This event brings together investors, innovative startups and leading corporations in the construction and real estate industry. The audience will be highly curated creating powerful networking opportunities with C-level executives from Developers, Owners, Associations, Construction Companies, Multifamily Offices, Architects, Growth Stage Startups, Strategics, Commercial Developers and more.

The Proptech Startups Using VR & AR to Reshape Real Estate

Dream It

Site tours of construction projects that are geographically distant, reducing travel time. Project management and supervision of subcontractors on construction sites, and assistance from offsite experts for projects that require unexpected expertise. IrisVR , which raised an $8 million Series A round from Emergence Capital, is built especially for the construction industry and allows users to take floor plans and turn them into VR experiences.

Clearing a Path Toward Equity Through Entrepreneurship

CO.STARTERS

One particular initiative on the horizon is the construction of a digital innovation lab equipped with virtual reality functionality to test concepts and prototypes. . CASE STUDY. Forward Cities + The Corner. New Kensington, Pennsylvania.

[Virgin Hyperloop One in PR Newswire] Autodesk And Virgin Hyperloop One Announce Joint-Effort To Explore Advanced Route Optimization, Transportation Design, And Construction Technology

OurCrowd

The post [Virgin Hyperloop One in PR Newswire] Autodesk And Virgin Hyperloop One Announce Joint-Effort To Explore Advanced Route Optimization, Transportation Design, And Construction Technology appeared first on OurCrowd. “Virgin Hyperloop One is pushing the boundaries of transportation efficiency,” said Josh Giegel, Co-Founder and Chief Technology Officer of Virgin Hyperloop One. Read more here.