Construction robotics company Toggle raises $8M

TechCrunch

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.

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?

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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.

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,

Construction robotics firm Dusty raises $16.5M

TechCrunch

It certainly follows then that some leading construction robotics companies are able to strike while the iron is hot with some healthy raises. The startup’s first product is the Field Printer, a robot that prints out plans on the floor of construction sites.

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.

Eano’s Stella Wu is not your typical construction tech startup founder

TechCrunch

Construction tech startups are poised to shake up a $1.3-trillion-dollar industry. We love Eano’s mission — combining a similar product sourcing strategy as Wish with technology to bring a better experience to all constituents in the antiquated construction industry.”.

Tiger Global leads $30M investment into Briq, a fintech for the construction industry

TechCrunch

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. Currently, Briq manages or forecasts about $30 billion in construction volume.

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.

AI construction startup Versatile raises a $20M Series A

TechCrunch

San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. From that vantage point, it’s capable of capturing and analyzing data across the construction site.

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.

Brokrete wants to be the ‘Shopify of construction’, raises $3M seed led by Xploration Capital

TechCrunch

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.

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.

Construct Capital’s Dayna Grayson will be a Startup Battlefield Judge at Disrupt 2021

TechCrunch

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.

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.

Mighty Buildings lands $22M to create ‘sustainable and affordable’ 3D-printed homes

TechCrunch

The company 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.

[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.

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.

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

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.

ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

TechCrunch

Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp! founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure they stay up and running.

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.

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

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.

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.

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.

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.

[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.

[Virgin Hyperloop One in Construction Week] 2021 CW Power 100: Virgin Hyperloop’s Harj Dhaliwal is at 68

OurCrowd

A prominent figure for futuristic transport, Virgin Hyperloop’s Managing Director for the Middle East and India, Harj Dhaliwal comes into Construction Week’s Power 100 list at 68.

[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.