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Foundamental closes $85M fund for early-stage construction tech startups

TechCrunch

The trillion-dollar construction industry is often tarred with the inefficiency brush , accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize.

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Construct Capital’s $300M fund targets critical infrastructure automation

TechCrunch

Construct Capital co-founders and general partners Dayna Grayson and Rachel Holt continue to dive into innovation that some investors may not think is so sexy, but actually runs behind the scenes so that our food gets to grocery stores every week and our packages arrive when they say they will.

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How Employers Can Support Workplace Mental Health

Entrepreneurs' Organization

Managers greatly benefit from relevant training designed to support staff with mental health problems. Some people will need just a little support and guidance, while others will require significantly more attention and encouragement. Train your managing staff. Offer healthy perks.

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Infrastructure bill could promote lean construction via data capture

TechCrunch

Meirav Oren is the co-founder and CEO of Versatile , a construction technology startup using AI and IoT to help construction professionals in making data-driven decisions to support job site safety and productivity. The bill also includes $100 million to construction technology over the next five years. Share on Twitter.

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Applications Open for NJEDA’s Construction Inflation Fund

American Entrepreneurship

(September 5, 2023) – The New Jersey Economic Development Authority (NJEDA) is now accepting applications for the Construction Inflation Fund, which will provide grants for development projects experiencing increased construction costs and funding gaps resulting from inflation caused by the COVID-19 pandemic.

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Going Beyond Good Intentions: Wissam Akra’s Trailblazing Journey in Transforming the Construction…

Jason Malki

Going Beyond Good Intentions: Wissam Akra’s Trailblazing Journey in Transforming the Construction Industry It’s a strange, wonderful, and sometimes scary time for industries that are impacted by the adoption of AI into their day-to-day work. Construction is no different. I’ve dedicated my life to the construction industry.

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Austin-based ICON awarded $57.2 million NASA contract for lunar construction tech

TechCrunch

ICON , a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. This award will support the development of what ICON is calling “Project Olympus,” an ambitious plan to build structures on the moon and Mars using in-situ resources.