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.

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. One of the most common areas of attention respondents highlighted were startups focused on construction and manufacturing. In 2019 alone, the robotics space saw roughly 600 venture-backed fundraising rounds, while construction companies successfully raised roughly 200 venture rounds.

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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.

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.

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.

[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. Read more here. News Center Hyperloop hyperloop one mobility portfolio news virgin hyperloop one

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

[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.

[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. Read more here. News Center enterprise sw equipmentshare

[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.

[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. It is “way too early” to say what the impact of the virus will be on the tech industry as it is a developing story, said Jon Medved, an Israeli venture capitalist who heads the crowdfunding platform OurCrowd, by phone. Read more here.

[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

[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.

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.

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. . She looks forward to constructing the ladder, as she puts it, that helps people progress from where they are to the high tech growth opportunities now within the community’s reach. “I 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.

Affirm, Airbnb, C3.ai, Roblox, Wish file for tech IPO finale of 2020

TechCrunch

The future of construction tech. A skilled labor shortage is piling on top of the construction industry’s traditional challenges this year. Other players like Levelset have taken a construction-specific approach to functions like invoice management and payments.

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.

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. La Escombrera repurposes debris, sand, and rocks to use as concrete and then sells these to construction companies.

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. . She looks forward to constructing the ladder, as she puts it, that helps people progress from where they are to the high tech growth opportunities now within the community’s reach. “I CASE STUDY. Forward Cities + The Corner. New Kensington, Pennsylvania.

Serving the Underserved: The Commons on Champa // Denver, Colorado

CO.STARTERS

After several years of constructing a robust program funnel, The Commons on Champa is focusing this year on strengthening the services they currently offer in order to better carry out their mission—to serve the underserved through entrepreneurship. “If you’re starting up, start here.” . This is The Commons on Champa’s invitation to underserved leaders, entrepreneurs, and innovators in the Denver area.

3 key ingredients for successful remote work

Entrepreneurs' Organization

Then provide constructive criticism. The global coronavirus pandemic has forced a widespread shift to remote work. The impact on our families and careers has been significant.

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

TechCrunch

Buildings and building construction are a huge contributor to the greenhouse gas emissions that contribute to climate change, accounting for roughly 39% of carbon emissions annually , according to data released by the Global Alliance for Building and Construction and the International Energy Agency.

Video: Andrew Ackerman and Charlie Stephens from Cushman & Wakefield

Dream It

The two discussed a range of topics, including how Ackerman got into the world of venture capital, how to do networking in an effective way, how to raise money from venture capital investors, how Dreamit makes investment decisions, why Dreamit works with corporate partners in real estate, how a Dreamit cycle works, what trends Andrew is seeing in the real estate and construction markets, and much more. Andrew Ackerman and Charlie Stephens.

Serving the Underserved: The Commons on Champa // Denver, Colorado

CO.STARTERS

After several years of constructing a robust program funnel, The Commons on Champa is focusing this year on strengthening the services they currently offer in order to better carry out their mission—to serve the underserved through entrepreneurship. “If you’re starting up, start here.” . This is The Commons on Champa’s invitation to underserved leaders, entrepreneurs, and innovators in the Denver area.

Serving the Underserved: The Commons on Champa // Denver, Colorado

CO.STARTERS

After several years of constructing a robust program funnel, The Commons on Champa is focusing this year on strengthening the services they currently offer in order to better carry out their mission—to serve the underserved through entrepreneurship. “If you’re starting up, start here.” . This is The Commons on Champa’s invitation to underserved leaders, entrepreneurs, and innovators in the Denver area.

How High Rents Hinder Startup Activity

Revolution

The costs of construction and land values has increased far more quickly than incomes over the last 20 years, making it hard to build for the mass market. More than half the rental stock under construction today requires incomes of at least $100,000 and 90 percent of new supply requires incomes of at least $75,000. Construction Technology The construction industry has been notably slow to evolve and its productivity has lagged nearly all other industries.

What is a Starter?

CO.STARTERS

Could it be that we are just as entrepreneurial as a society as we have ever been, but we’ve just been distracted by the language we use and the cultural construct that we associate with entrepreneurship? Why talking about “starters” more than “startups” can change the way you view entrepreneurship. By Enoch Elwell. Words are powerful, and they shape our perception of reality.

Which emerging technologies are enterprise companies getting serious about in 2020?

TechCrunch

Some recent research that my company, Innovation Leader , conducted in collaboration with KPMG LLP , suggests a constructive approach. Scott Kirsner. Contributor. Share on Twitter.

UrbanTech News Roundup

Dream It

On Construction Technology Over 1.5 On Fundraising News Prefab construction startup Dvele raised $14M to build single family homes. Our UrbanTech News Roundup is one of the features in our bi-weekly newsletter. On Cities The crowded field of building certification companies like LEED, WiredScore, Delos, and Fitwel are prompting building owners to wonder which are necessary and which are just marketing gimmicks, according to the NYT.

Eat Clean Bro Founder Says This Concept is the Key to Success in Entrepreneurship

StartupNation

Ask for feedback and accept (constructive) criticism. You must learn to know the difference between destructive and constructive criticism. As an entrepreneur, I am frequently confronted by people who see success in different ways. But, true success and happiness comes from within.

Top 5 M&A Insights from Senior Industry Leaders

Dream It

Amit advises the ideal VC-founder dynamic fosters constructive and healthy conversations, or even arguments, with the intent on both sides of bettering your business. Most founders consider two possibilities when thinking about their exit strategy: IPO or acquisition.

Lesa Mitchell joins The Heritage Group Accelerator Powered by Techstars to help startups disrupt legacy enterprises

TechStars

Construction and Materials: Building infrastructure including materials and techniques; new equipment and safety solutions. Many industries that aren’t top of mind for most of us but serve our most basic everyday needs – from industrial production, transportation infrastructure and environmental services and safety – all are facing technological disruption and innovation.

Pulumi raises $37.5M Series B for its cloud engineering platform

TechCrunch

“And much of the original infrastructure-as-code constructs didn’t even have those in mind. Since Pulumi is newer to market and has come after all those constructs, it just has better integration, it’s just is a more delightful experience to developers.”

Growth

A VC: Musings of a VC in NYC

I like to provide a leader with deer in the headlights syndrome a lot of support, advice, and constructive feedback. One of the great joys of the work I do is I get to watch the leaders of our portfolio companies grow over time. I’ve had a number of moments over the last few months where I got off a call or a meeting and thought to myself “wow, she’s a new person.” ” Growing as a leader takes time, mistakes, failure, feedback, and a lot of work.