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While legacy sectors like transportation and energy have embraced new tech, innovation in the construction industry has been slow to take hold. Even though many large construction firms manage internal R&D units, more than a third of employees say they’re reluctant to adopt new technology. of the U.S.
Constructions such as inflatable plastic lounges (photos here and here ), giant see-saws, and art projects involving flame throwers provided entertainment for the 800 to 1500 partygoers that showed up each weekend night. 55 Washington Street. If you're going to have a real startup community, the pundits say you need a billion dollar exit.
, she joined the Los Angeles Cleantech Incubator, where she developed a first-of-its-kind EV Network Technician Training Curriculum. The company uses a workforce-development approach to hiring, meaning that they only hire in cohorts. If it moves people and packages from Point A to Point B, we cover it.
Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” Interestingly, Veev Group started its life as a traditional real estate developer and asset manager.
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. The company takes a hybrid approach to home construction, combining 3D printing and prefab (meaning built offsite) building, according to co-founder and COO Alexey Dubov.
The company has now developed 26 end-of-arm robotic tools, on top of a 3D printing system that can print concrete for exterior, interior and roof structures. In particular, the investor gets excited about startups re-inventing energy, transportation, infrastructure, manufacturing, human augmentation and agtech. housing market.
In a column for TC+ , Ben Tigner, co-founder and CEO of electric aerial mobility company Overair, identified four trends that are changing how investors, entrepreneurs and the market are responding to expanding opportunities in eVTOL: An expanding competitive landscape. Full TechCrunch+ articles are only available to members.
“Our airspace is going to get more crowded than ever, but most companies today are concentrating only on hardware development,” said Terra Drone CEO and founder Toru Tokushige , who is also serving as the CEO of Terra Motors, which develops electric vehicles. and Southeast Asia.
The firm has an Amsterdam, Copenhagen and Tel Aviv presence, and now has a $160 million sack of funds to deploy across its focus areas: sustainability and technological innovation in the construction, real estate and manufacturing industries. It especially wants to reduce waste and CO2 emissions. ” .”
NASHVILLE— GoodShip , a collaborative cloud-based analytics and transportation procurement platform for shippers, announced a $5M seed round today. Human relationships are the most crucial links in any supply chain,” said Kristy Brutsman, Director at Armstrong Transport. The raise brings GoodShip’s total funding to $7.4M
Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. “This funding marks a significant milestone, enabling Fuel Me to accelerate the development of advanced technology while continuing to deliver unparalleled service to our customers. .
The Station is a weekly newsletter dedicated to all things transportation. And yes, it absolutely has affected the the transportation sector, specifically the hundreds of startups within the sector. I spoke to some founders who had moved over most or all of their funds; there are others who were not as successful.
This initiative is part of the ‘2023 Drone Demonstration City Project’ run by the Ministry of Land, Infrastructure and Transport, selected by Seongnam City. The 2nd Pangyo Techno Valley inaugurated its Business Growth Center with the vision to cultivate nascent drone developers. Furthermore, NCsoft invested KRW 1.5
Currently, Leung said, there are three types of new construction getting built — new tract homes, multi-family housing units and high rises. The single module shelter that the company has developed can be transported and put on site in one day. Construction tech startups are poised to shake up a $1.3-trillion-dollar
“Our product roadmap is high confidential, but let’s say our high-level vision looking a decade or so forth is to take people out of the loop and have a completely automated data collection, processing and analysis,” co-founder and CEO Maximillion Boosfeld told TechCrunch.
The Station is a weekly newsletter dedicated to all things transportation. Listen up founders! This annual flagship event, in which hundreds of founders have pitched their startups on our stage, is back in person. Stefan Seltz-Axmacher, co-founder and CEO of Polymath is a familiar to the AV industry ecosystem.
Developers may delight in solving complex technical problems, but the problem of a career path is one many don’t think much about, Juniper Networks CTO Raj Yavatkar writes in a guest column. He offers a solution that should appeal to developers and engineers: “??Treat Image Credits: jayk7 (opens in a new window) / Getty Images.
Budee Solutions: An “all-in-one digital safety platform” for industrial workers (construction, mining, transportation, etc.) Var.energy: Developing proprietary hardware for solar power generation facilities to improve compatibility with the existing power grid.
SMART’s METL tire is the first fruit of the startup’s work with NASA’s Glenn Research Center, where NASA engineers Dr. Santo Padula and Colin Creager first developed their so-called “shape memory alloy” (SMA) technology. Image Credits: NASA. 5 consumer hardware VCs share their 2021 investment strategies.
TechCrunch Live is a free weekly event featuring investors, founders, and startups with the goal of helping entrepreneurs build better venture-backed businesses. At SXSW 2022, Whurley did a session on applying quantum computing to transportation problems. Secretary of Transportation Pete Buttigieg. Register here.
Written by Aaron Lee, founder & CEO at iluma Agency. I can hear someone hammering nearby—more of a tapping than a construction project. I felt like we had been transported back in time. The original version of this article appeared on Aaron’s LinkedIn blog. Realizing the power of just one moment.
Based on that categorization, the fintech space ranked third behind food and transportation, respectively. In 2020, fintech trailed behind the transportation and travel categories when it came to layoffs as percentage of the total, Lee told TechCrunch via email. seed round for Adaptive, a construction software and fintech play.
Founded in 2015, London-based Sensat is one of a number of so-called “digital twin” software companies that serve construction, mining, energy and similar industries with tools to replicate their physical footprint in the digital sphere. million in a Series B round of funding. ” Sensat raises $20.5M
Joby Aviation, a startup that has spent more than a decade developing an all-electric, vertical take-off and landing passenger aircraft, will become a public company through a merger with Reinvent Technology Partners, a special purpose acquisition company from well-known investor and LinkedIn co-founder Reid Hoffman.
“Our second quarter results reflect our continued focus on cost efficiency as we accelerate the drive towards profitability,” founder and CEO RJ Scaringe said in a statement. For instance, Rivian spent $444 million on research and development in the second quarter, about 18% less than the same period last year.
Jona Christians and Laurin Hahn, Sono Motors’ co-founders, weren’t that into cars, but they recognized how much transportation contributes to the burning of fossil fuels and thought that would be a good place to start. ” Hahn told TechCrunch. “One base” vehicle platform.
Our mission is to go the distance by innovating at the heart of cement production and operating as a complement to other technological developments in the cement space,” explains Gurinder Nagra, Furno founder and chief executive officer. Furno was developed out of the growing need for innovation and accessibility to entry in the space.
The broad-brush goals for the strategy are to increase growth in startup investments; attract and retain talent; promote scalability; and inject innovation into the public sector so it can bolster and support Spain’s digital development. So it will be something of a milestone. France and Germany. Digital divides.
The startup will use the funds to hire more than 50 engineers, data scientists, business development, insurance and compliance specialists, as well as scale into new industry verticals and across into Europe. million pre-Series A funding round.
As she puts it, “We are seeing multifaceted growth across states and industries, including construction, finance, and insurance transportation and real estate. Now, Paul, this is really an area that deserves focus, given that Hispanics overall account for over $2 trillion in economic development and employee over 3 million Americans.
WayRay’s deck consists of a whopping 75 slides — around 50 more than I would typically recommend for a deck like this — and it’s clear that the founders took a different tack than what we’re used to seeing these days. Slide 67] One thing the founders got very right: They help investors imagine a different world.
This will be a gamechanger for us,” says Geert Denutte, the founder of CGK, a Belgian company that makes 13-foot-high storage tanks for storing and transporting hazardous liquids. Largix is set to transform 3D printing for the storage and chemicals industry and also has its sights set on the huge construction sector.
Co-founder and chief executive officer Roolin Njotosetiadi told TechCrunch that about “40% of trucks are utilized in Indonesia, and the rest are either sitting idle or coming back from their hauls empty handed. Then it connects clients to trucking providers, using an algorithm to aggregate supply and demand.
Matt Cutler, CEO & Co-Founder of Blocknative, said, “With this new financing round, Blocknative is ideally positioned to vigorously pursue the block building opportunity and help drive equitable value recirculation throughout the entire web3 transaction supply chain.
The company has developed a small launch vehicle it calls Eris, a 25-meter (82 foot) rocket that can deliver a payload of up to 215 kilograms (474 pounds) to sun synchronous orbit. Adam and James Gilmour , founders of Gilmour Space Image Credits: Gilmour Space Technologies (opens in a new window).
While electric vertical take-off and landing passenger aircraft startup Joby Aviation is targeting North America for its initial commercial launch, founder and CEO JoeBen Bevirt expects the company to have an early presence in Asia and Europe as well. And so that’s why we’re so focused on scaling manufacturing.”
The partnership with 10 Roads shows the feasibility of Kodiak’s proprietary lightweight mapping system that doesn’t rely on HD maps, which Kodiak co-founder and CEO Don Burnette says go stale quickly. Kodiak Robotics’ founder explains why autonomous freight could brush off inflation.
Tomas is a business speaker and the founder of InCorp Vietnam (formerly Cekindo) , a market entry consulting firm that also provides business process outsourcing. I’ve spent the last four years starting a market entry business consulting company from scratch in the young and developing Southeast Asian market of Vietnam.
As part of ChargeLab’s commercial agreement with ABB, the two companies will launch a bundled hardware and software solution for fleets, multifamily buildings and other commercial EV charging use cases, according to Zak Lefevre, founder and CEO of ChargeLab. “And that ties into the security side of things.
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. The global economy happens indoors,” said Fifth Wall co-founder Brendan Wallace, in a statement.
The Station is a weekly newsletter dedicated to all things transportation. As I’ve shared in here before, we’re bringing more transportation analysis to Extra Crunch. A Bird spokesperson told me these will be new vehicles and “transport modes” in the region. MaaS transit: The business of mobility as a service.
The Station is a weekly newsletter dedicated to all things transportation. We’ll kick off mobility month with a TechCrunch Live event focused on building a better mobility fintech startup featuring Rachel Holt of Construct Capital and Caribou CEO Kevin Bennett. TC Live, which is free, will be live-streamed beginning 11:30 a.m.
That’s doubly the case if you’re a founder who can see the end of the runway looming on the horizon. Amid late last week’s slow news cycle, someone reached out to ask if I’d like to interview Brooks on the occasion of his receiving the IEEE Founders Medal at the IEEE VIC Summit and Honors Ceremony in May. More M&A?
cover by finstack.app When my co-founder and I started finstack.app, we were two individuals with a visionary mindset, driven to achieve what was previously thought to be unrealistic. And that’s what we were doing, so we went in — heads down development in our spare time for more than a year — and went live December 2022.
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