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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.
Register Gyeonggi-do is set to commence the pilot operation of its domestic public transportation service, the ‘Panta G Bus,’ which is fortified with self-driving technology, at Pangyo Techno Valley. billion won to construct a research center specializing in autonomous vehicles in Pangyo.
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.
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.
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.
Register Gitai, a Tokyo-based startup, has recently closed a 4 billion yen funding round to accelerate the development of its remotely-controlled robots for space exploration. The company aims to address the challenges and risks associated with human labor in space by developing advanced robotics technology.
, 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.
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.
We already know how to build plants and safely operate reactors; we just need to get better at reducing construction hurdles and executing on new reactor deployment. Washington Public Power Supply System (WPPSS) began construction on five nuclear reactors in 1973. Though these reactors were similar designs, they were not standardized.
It helps them get to know about the latest trends and developments in the market and be informed about the availability of different varieties of products and services around them. Mobile billboards: A mobile billboard is a type of transit media and is generally transported on the back of a vehicle, such as a bus or a truck.
“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. Terra Drone’s uncrewed traffic management.
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
In what I’ve called The Third Wave , the Internet will become ubiquitous and transform industries that are part of our everyday life including health care, transportation, education, food, etc. Investors will need to understand policy as well. Scooters were all the rage this year, popping up in cities and on sidewalks all across the country.
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. ”
“I’ve been working in the aircraft development space for decades, but 2021 was different,” Tigner writes. We have three full-time contractors doing business development and sales in the U.S., Infrastructure bill could promote lean construction via data capture. Mainstream attention is increasing.
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
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.
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
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. The first panel, entitled “Can Collaborations Unlock the Future of Transportation?” Subscribe for free.
The company, co-founded by two former executives from the Indonesian ride-hailing giant Gojek, managed to secure the funding while still in the research and development stage, making it one of the largest seed funding rounds for a hardware startup in Southeast Asia. Indonesia ‘s motorbike market has grown, with 125.3
It makes mapping drones, develops software for fully autonomous flights and the WingtraPilot app, which collects and processes aerial survey data. Wingtra drones are used by surveyors in a wide range of industries, including construction, mining, environmental monitoring, agriculture, urban planning and land management.
The Station is a weekly newsletter dedicated to all things transportation. Shop owners should stop complaining to their local transportation authorities when parking spots get repurposed for bike lanes. billion loan from the agency to help it finance the construction of new lithium-ion battery cell manufacturing facilities.
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.
Iris Automation is developing computer vision products that can help simplify the regulatory challenges involved in setting standards for pilotless flight, thanks to its detect-and-avoid technology that can run using a wide range of camera hardware.
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.
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.
I can hear someone hammering nearby—more of a tapping than a construction project. I felt like we had been transported back in time. .” Learn more about this life-changing program for first-stage entrepreneurs, and hear from other participants. . Realizing the power of just one moment.
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
At SXSW 2022, Whurley did a session on applying quantum computing to transportation problems. Secretary of Transportation Pete Buttigieg. Even Intel halted construction of its new office building at Fifth and San Antonio St. And he met with U.S. At past SXSW conferences, Whurley has launched companies. Austin got hit hard.
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.
Department of Transportation’s National Highway Traffic Safety Administration. The company is also taking over 74 acres of the Las Vegas Motor Speedway to build a closed-course testing facility that will allow the development and validation of its autonomous on-road vehicles. Construction began at the site in November 2021.
“Texas also gives us the ability to develop and test routes we’ll prioritize when we launch Aurora Connect, like rides to the airport.”. The Driver is also reacting to various forms of construction, stop-and-go traffic and inclement weather. . Texas is home to a number of major U.S.
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. “We came up with a vision to integrate solar on every vehicle and thought, Okay, what do we need for that?”
Construction: a maximum of $36.5 Transportation and Warehousing : a maximum of 500 to 1,500 employees. Especially, in developing countries like India, where unemployment has been a major problem, these businesses provide relief. Development of Local Areas. million in average receipts. Retail Trade: a maximum of $7.5
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 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. The demand for cement has grown exponentially over the last few decades as global development expands.
It was a strong quarter, and we remain focused on ramping production, driving cost efficiencies, developing future technologies, and enhancing the customer experience.” For instance, Rivian spent $444 million on research and development in the second quarter, about 18% less than the same period last year.
Instead, the company struck a 15-year virtual power purchase agreement (VPPA) with renewable energy developer Terra-Gen. It’s the latest development in Electrify America’s efforts to link itself to renewable energy projects. Electrify America isn’t operating this solar farm. This seems to be an open question.
KeepTruckin , a hardware and software developer that helps trucking fleets manage vehicle, cargo and driver safety, has just raised $190 million in a Series E funding round, which puts the company’s valuation at over $2 billion, according to CEO Shoaib Makani. .
. “As a reminder, the driver-out pilot will consist of multiple runs performed over multiple weeks and is a major part of ongoing technology development across many dimensions, including software, hardware and go-to-market. Swedish freight company Einride, which just launched its U.S. at its partner GE Appliances’ closed campus.
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. ” Lime scooters outside El Retiro Park in Madrid (Image Credits: Natasha Lomas/TechCrunch).
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.
The Station is a weekly newsletter dedicated to all things transportation. Channel19 , a startup that developed software for refrigerated trucking companies, raised $2.7 Channel19 , a startup that developed software for refrigerated trucking companies, raised $2.7 Subscribe for free.
On Wednesday, General Motors announced an investment into battery materials startup Mitra Chem , which is developing iron-based cathode materials. Construction on the Ford-SK-EcoPro facility has already begun, and production of the 3 million-square-foot factory is slated to begin in the first half of 2026.
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