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ConstructCapital 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.
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.
Anyone who was doing something new and cutting edge should feel connected to each other--whether or not they are building a venture backed startup. It's even more relevant now that I've started the first venturecapital fund in Brooklyn-- Brooklyn Bridge Ventures --and invested in four Brooklyn based companies.
Companies that make people''s lives easier, should they run into entrenched Big Apple interests like housing and transport, aren''t finding that NYC is as easy a place to offer their services to NYC residents. Government served an incredibly important role regulating ground transportation in the past. Enter Airbnb.
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. ”
HPA is excited to announce our investment in Fuel Me ’s $18M Series A Round , which was co-led by Pritzker Group VentureCapital and Tribeca Venture Partners and includes co-investors Bessemer Venture Partners, Interplay VentureCapital, and FJ Labs.
At first, the company was focused on construction ADUs (accessory dwelling units), but now it is building multi-family homes and single-family homes at scale. . Veev’s panelized construction takes place in its 50,000-square-foot “Digital Fab” facility. Panels are efficiently assembled on-site using our plug & play system,” he said.
Austin’s venturecapital scene has been hot for years now, but a pair of local investment firms just closed on new funds aimed at injecting more capital into startups in Austin and elsewhere. What is different is that with a larger fund, they can deploy the capital faster than in previous funds, Plauche said.
Transportation reporter Rebecca Bellan interviewed Tortoise co-founder Dmitry Shevelenko about his company’s transition “from using a hardware-as-a-service model to a take-rate scheme that gives it 10% of any sales made from its card payment-enabled bots.”. Infrastructure bill could promote lean construction via data capture.
As part of an ongoing series with transportation startup founders, Rebecca Bellan interviews Kodiak Robotics CEO and co-founder Don Burnette about why the autonomous trucking company remains private when so many of its rivals have gone public. How public markets can help address venturecapital’s limitations.
In 2021, fintech startups were the top recipients of venturecapital globally, accounting for about 21% of dollars raised with $131.5 Based on that categorization, the fintech space ranked third behind food and transportation, respectively. seed round for Adaptive, a construction software and fintech play. of the total.
Stephane Levy, a construction industry veteran, is of the persuasion that technology can solve many of these issues. BeamUP today announced that it raised $15 million in a seed funding round led by StageOne Ventures and Ibex Investments along with participation from angels including Workday CEO Chano Fernandez.
After all, to get a LEED certification, buildings must hit a performance score combining metrics across several categories including energy, water, waste, transportation and quality. Image Credits: SVB Capital. Design and construction. To unpack the opportunity come specific considerations with investments at each point.
We’re constructive around things like voluntary carbon markets. Electrification is a global trend in transportation, power generation, and elsewhere. I think this is something that is a present-day issue for us to solve. We’re food and agriculture investors, so we definitely have that kind of lens as we think about it.
COVID-19 has spotlighted many of the weakest points in our transportation system, but some of the rapid shifts in consumer behavior are creating opportunities for tech once considered fanciful, like sidewalk delivery robots and eVTOLs (electric vertical and takeoff vehicles). Shawn Carolan, partner, Menlo Ventures.
The Station is a weekly newsletter dedicated to all things transportation. million in pre-seed and seed funding round led by Augment Ventures with participation by Accion Venture Lab, TMV, Overton VentureCapital and Refashiond Ventures. Subscribe for free. We have a lot to cover so let’s jump in.
At the time, she was a rising executive in Uber — a post she left in 2020 when she co-founded ConstructCapital. Since the founding, Bennett has raised $74 million for the company, including early angel funding from Rachel Holt.
Among the most interesting is Cover , a seven-year-old, LA-based company that says it manufactures fully complete wall, floor and roof panels in its factory, then transports them on a standard truck and assembles them on site — without a crane. There are lots of startups now working on modular home design.
What’s going to happen to those semi-vacant office towers, some of which are still under construction? There’s a lot going on: The venturecapital market is redlining its engines while public markets remain sympathetic to growing, unprofitable companies. Our favorite companies from Y Combinator’s W21 Demo Day: Part 2.
And that sometimes the public sector makes the investment that not even the riskier of venturecapital funds can do. “So first, for example, for investment — what if big companies start investing more and more than they are actually doing? Meaning that the political administration, it’s more agile.
Logisly now works with more than 1,000 businesses in Indonesia in sectors like e-commerce, fast-moving consumer goods (FCG), chemicals and construction. Logisly’s Series A will be used on growing its network of shippers and transporters (which currently covers 40,000 trucks) and on product development.
For example, a construction company in a region regularly affected by hurricanes might see its projects surviving these storms mostly unscathed, but it might still see losses in terms of time and other potential costs because crews simply couldn’t make it to work. But that old model doesn’t always work.
At the time, she was a rising executive in Uber — a post she left in 2020 when she co-founded ConstructCapital. Since the founding, Bennett has raised $74 million for the company, including early angel funding from Rachel Holt.
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. ” Climate resiliency . Financing the future startup nation.
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 ConstructCapital and Caribou CEO Kevin Bennett. miles per hour and automatic lights. In the U.S.,
While technological progress has been on an encouraging trajectory in energy and in transportation thus far, we are nowhere near done, especially in real estate and critical infrastructure. That’s where growth capital and eventually infrastructure investments come in. Invent and firm up new technologies.
The Station is a weekly newsletter dedicated to all things transportation. Audi started construction of an EV factory in China that is expected to come online in 2024. Sign up here — just click The Station — to receive it every weekend in your inbox. I’m dubbing July the month of EV trucks. Well, at least for me it is.
Infrastructure , data management , a solid construction of architecture and the communication technology between your services however need more attention. As a result, we are in the fortunate situation to not require VentureCapital, herewith we can stay completely independent and do what is right for our user community.
The Station is a weekly newsletter dedicated to all things transportation. A message from reporter Aria Alamalhodaei: “For the time being, your favorite mini-roundup of transportation policy news will be taking an extended hiatus. Tthe transportation world lost one of its leaders this week. A few items before jumping in.
Construction tech unicorn Procore Technologies this week set a price range for its impending public offering. And some workers don’t want to waste time stuck on congested highways or public transportation now that they’ve learned to work remotely. Is there a creed in venturecapital? The Expensify EC-1. This is the way.”
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