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.

Buildots raises $30M to put eyes on construction sites

TechCrunch

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Project managers can then make better decisions to speed up construction. “It We are also sitting on piles of data from construction sites.

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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?

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.

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.

Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth

TechCrunch

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.

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.

Y Combinator-backed CostCertified lands $8.45M to build the ‘Amazon for construction’

TechCrunch

CostCertified , a Canadian startup which provides real-time, interactive residential construction estimates, raised $8.45 Put simply, CostCertified today is a price configurator tool for construction, but the Calgary, Alberta-based company’s end goal is to build the “Amazon for construction.”

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.

ICON lands $207M Series B to construct more 3D-printed homes after seeing 400% YoY revenue growth

TechCrunch

Developing construction systems to create infrastructure and habitats on the moon, and eventually Mars, with NASA. These are just some of the things that Austin, Texas-based construction tech startup ICON has been working on. Despite the hype, construction tech will be hard to disrupt.

Diamond Age raises $8M to speed up home construction with 3D printing and robot arms

TechCrunch

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.

Construction tech upstart Assignar adds a Fifth Wall with $20M Series B

TechCrunch

Construction technology may not be the sexiest of industries, but it is one where tremendous opportunity lies — considering it has historically lagged in productivity. Construction tech startups are poised to shake up a $1.3-trillion-dollar industry.

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.”.

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.

Shepherd raises $6.2M seed round to tackle the construction insurance market

TechCrunch

Shepherd , an insurtech startup focused on the construction market, has closed a $6.15 For Shepherd, the construction market is its target, an industry that it intends to carve into starting with excess liability coverage.

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.

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.

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.

Graneet thinks construction companies should switch from Excel to its tool

TechCrunch

Graneet is a vertical software-as-a-service startup focused on the construction industry and the myriad of small and medium companies in this industry specifically. It wants to build the definitive financial management solution so that construction companies can better control their projects.

As inflation fears spike, 1build raises $14M to help construction firms optimize their cost estimates

TechCrunch

It’s an extraordinarily exhausting time to estimate costs in the construction industry. Lumber prices skyrocketed during the post-pandemic construction spree, only to come hurtling back down to Earth in recent weeks.

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.

Doxel raises $40M from Insight, a16z to become the ‘Waze for construction’

TechCrunch

Doxel , which has developed software that uses computer vision to help track and monitor progress on construction job sites, announced today that it has raised $40 million in Series B funding. Or put more simply, Doxel is building what it describes as the “Waze for Construction” platform.

[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 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.

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.

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.

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.

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.

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.

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

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.

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.