TechCrunch

OCTOBER 26, 2021

Bridgit , a “workforce intelligence” technology company that is focused on the construction industry, announced today that it has raised CAD$24 million, or about US$19.4 Camber Creek and Storm Ventures co-led the financing, which brings the Toronto-based startup’s total raised to more than CAD$35 million. million, in Series B funding.

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TechCrunch

JULY 20, 2021

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. This is the argument of Brokrete , which bills itself as the “Shopify of construction.”.

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TechCrunch

FEBRUARY 1, 2022

When it comes to construction projects, any type of delay can result in increased costs both for the contractor and their customer. Notably, the financing is a significant jump from the $17.1 They also don’t have to pay employees to do things like go buy supplies so they can thus focus on the actual construction.

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TechCrunch

JULY 7, 2022

In the construction business, time is money. But with so many moving parts, it can be extremely challenging for construction companies to manage the administrative aspects of their finances. Adaptive , an 11-month-old startup that has set out to give construction teams better tools to manage their back offices, has raised $6.5

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TechCrunch

JUNE 7, 2021

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. Briq CEO and co-founder Bassem Hamdy is a former executive at construction tech giant Procore (which recently went public and has a market cap of $10.4

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TechCrunch

DECEMBER 23, 2021

Brazilian construction tech startup Ambar announced it has raised a large Series C round: R$204 million, approximately $36 million at today’s mid-market rate. Ambar was created in 2013 with the ambition to leverage technology to make the civil construction process more efficient. Ambar is not a general contractor, though.

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TechCrunch

MAY 20, 2022

The technological advances we’ve made over the last few thousand years are stunning, but the construction industry still relies on centuries-old technology. Even so, investors are backing startups bringing robotics, data management, automation and augmented reality into the construction process. Heinrich Gröller, partner, Speedinvest.

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TechCrunch

JULY 16, 2021

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. It’s a $140 million fund helmed by Grayson and former Uber exec Rachel Holt.

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TechCrunch

AUGUST 23, 2022

With the early success of the bill pay feature, Ramp is now adding financing and overlay with a new product called Flex. . Now they can extend financing through other forms of payment, and finance any invoice through us.”. The longer the terms of the financing, the larger the fee paid by the business.

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Dream It

FEBRUARY 14, 2020

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.

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Entrepreneurs' Organization

JANUARY 25, 2023

In addition, the country is home to some of the world’s biggest names in finance, risk management, insurance brokering, offshore insurance, and captive insurance. Following the previous model, LEGO has recently started construction on its US$1 billion manufacturing facility in Vietnam, in addition to its existing factories in China.

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TechCrunch

JANUARY 25, 2023

So in order to pull back that veil, towards the end of 2022, we decided to take an in-depth look into the trends and tech in property development and construction. We spoke to a diverse array of investors about finance-focused proptech and the move towards greener proptech. What would you say is the difference between the two?

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AsiaTechDaily

OCTOBER 19, 2023

This financing round was led by Christian Hymer, who hails from the family that founded Hymer, a prominent German motorhome manufacturer. Their products are constructed on a modular platform that affords diverse design and customization possibilities. According to Holm, the only noisy aspect is the foundation work. .

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AsiaTechDaily

NOVEMBER 21, 2022

Wang Young-Jin, director of Sejong Telecom, said, “We have played a major role in expanding the base of the blockchain business and commercializing it by successfully carrying out various projects in education and finance.” It is expected to create high added value through the recycling of medical data.”

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TechCrunch

JUNE 1, 2022

Large construction projects often take a long time to finish, and subcontractors can get caught up in the flow of money, waiting, in certain circumstances, up to 80 days to be paid by general contractors. Both of Ghauche’s parents were in construction, so he grew up listening to stories about the industry. on average,” Ghauche added.

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HPA

MARCH 21, 2024

Focusing on mission-critical energy needs across industries like data centers, construction, and transportation. Fuel Me will expand its enterprise customer base and enhance its platform through this financing. “We Fuel Me is a first-of-its-kind platform that revolutionizes fuel procurement and management.

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TechCrunch

NOVEMBER 11, 2021

Flexbase is turning construction financing on its head with a new credit card — the industry’s first, according to the founders — that offers up to 60 days interest-free financing. Rahman, a Theil Fellow, and Solh grew up in construction families, hearing stories around the dinner table of cash flow pain points.

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TechCrunch

MAY 6, 2022

This week Rachel Holt from Construct Capital and Kevin Bennett from Caribou spoke with Kirsten Korosec, TechCrunch’s transportation editor. Kevin Bennett started his auto financing company in 2016. At the time, she was a rising executive in Uber — a post she left in 2020 when she co-founded Construct Capital.

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AsiaTechDaily

OCTOBER 25, 2023

Register A delegation consisting of officials from the Inter-American Development Bank of Uruguay and the Ministry of Strategy and Finance visited the startup campus operated by Gyeonggi Business & Science Accelerator (President Kang Sung-cheon, hereinafter referred to as GBSA) on October 20.

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TechCrunch

AUGUST 3, 2021

Infra.Market, an Indian startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their projects, said on Tuesday it has secured its third financing round in the past nine months.

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TechCrunch

MAY 1, 2022

QED incubated this auto financing company in 2016 and Kevin Bennett became CEO in 2018 and soon after raised its first seed round. At the time, she was a rising executive in Uber — a post she left in 2020 when she co-founded Construct Capital. It started as MotoRefi, and rebranded in November 2021 to Caribou.

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TechCrunch

OCTOBER 14, 2022

This means focusing on hiring across our design, engineering and finance teams to lay the foundations for our first facility break-ground and accelerate our outreach for strategic partnerships across the value chain.”. Armed with $6.3 They expect to break ground on the facility in the third quarter of 2023.

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TechCrunch

MARCH 24, 2022

Smaller storms can still take up to five months for financing and repairs to be completed as the homeowner works with their mortgage company, insurance provider and contractor to get the work completed. Prior to starting Captain, Gray was an accountant in construction companies focused on insurance restoration work.

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TechCrunch

MARCH 29, 2023

But this allowed us to develop the company in a self-financed and profitable way,” Utzmann said. Others go one step further and submit a request for some construction work. First, there are a lot of optimization possibilities when it comes to creating a quote, sourcing materials and everything that isn’t the construction work itself.

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TechCrunch

OCTOBER 6, 2021

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.” million in a seed round of funding.

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TechCrunch

FEBRUARY 27, 2022

Construction is the one of the least digitized industries out there. million that was raised in a seed round led by Brick & Mortar Ventures and First Round Capital – to advance on its effort to “reimagine construction finance.” million in a financing that was led by PayPal co-founder Peter Thiel. Love to see it!

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Andreessen Horowitz

SEPTEMBER 14, 2023

They enable governments to finance critical infrastructure, corporations to fund growth, and individuals to make life’s most important purchases. We’re equally excited to announce that Andreessen Horowitz will be leading Moment’s Series A round of financing and that I will be joining their board of directors.

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TechCrunch

APRIL 26, 2022

Three ways VC firms can construct sustainably diverse portfolios. Wing VC, which tracks financings by Silicon Valley’s most “elite” VC funds, reports that the median Series A financing by these firms grew by 38%, and corresponding pre-money valuation by 71%, both off previous record highs recorded in 2020.

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American Entrepreneurship

NOVEMBER 21, 2023

These predevelopment costs are necessary for the developer to incur before they can seek short-term construction financing. The Emerging Developer Fund will further the administration’s efforts to break barriers and foster growth,” said New Jersey Housing and Mortgage Finance Agency Executive Director Melanie Walter.

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TechCrunch

MARCH 19, 2021

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. trillion-dollar industry.

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TechCrunch

SEPTEMBER 22, 2022

French startup Bump has signed a multi-year financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. You then have to pay a construction company to install charging stations.

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TechCrunch

AUGUST 8, 2023

Analysts polled by Yahoo finance expected revenue of $1 billion and an adjusted earning per share loss of $1.36. Rivian said cap expenditures were higher last year because it spent more on equipment and construction in the early stages of its production. Rivian reported a net loss of $1.19 billion compared to a $1.7

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TechCrunch

MAY 27, 2022

It’s since been an exciting time for startups as entrepreneurs continue to discover use cases for computer vision in everything from retail and agriculture to construction. Is deep learning the right tool for solving my problem?

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TechCrunch

AUGUST 3, 2021

Indian fintech startup BharatPe has raised $370 million in a new round of financing as it looks to aggressively scale its business in the next two years. It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as several high-profile global investors double down in the South Asian market.

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TechCrunch

DECEMBER 16, 2022

Before becoming a solo GP, Wischooff was an early employee at lending platform Blend Labs, which went public in 2021 , and part of the founding team at One Finance, a neobank acquired by Walmart earlier this year. “I wish VCs were more open about their LP construction,” Wischoff said in an email.

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TechCrunch

NOVEMBER 15, 2021

The pandemic has accelerated growth among smaller design firms as the demand for new residential renovations and construction grows, Yuen wrote. Yuen highlighted Monograph’s budgeting solution, which allows project managers to view project-level finances in real time, as particularly unique given the industry’s reliance on spreadsheets.

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TechCrunch

JANUARY 9, 2023

million credit line ($24 million) to finance its future projects. Qarnot started with electric heaters for construction companies looking for heaters for their new buildings. If the company becomes massively successful, there would be no reason to construct dedicated buildings to host hundreds of thousands of computers anymore.

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