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Investors discuss how labor shortage is shaking up the construction tech stack

TechCrunch

Construction as an industry has evolved with civilization through the ages. Construction’s digital transformation journey is only just beginning, and the sector offers a ton of space for innovation. To get a clear picture of where construction tech stands today, we spoke with five active investors in the space.

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MIT spinoff, OPT, ramps up production of its 3D-printed nasal swab

TechCrunch

If you’ve heard of OPT Industries (and odds are you haven’t), it’s due to the MIT spinoff’s roll in printing a novel nasal swab. InstaSwab got some good ink in the design world due to its complex geometrical build constructed from ultra-thin polymer fibers measuring less than the width of a human hair.

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YC, Khosla-backed Atmos lands $12.5M to design custom dream homes

TechCrunch

Founded in 2018, San Francisco-based Atmos touts that with its tech, homebuyers are able to select land, design a home within their budget and approve the design using 3D tech. Atmos says its technology allows buyers to see “exactly what can be built on any specific lot depending on the size, shape and development requirements.”

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AI-powered building design platform BeamUP emerges from stealth with $15M

TechCrunch

If teams don’t do their due diligence, they risk omitting from design documents important mechanical equipment, like exhaust fans and valves, for example, or failing to size electrical circuits appropriately for loads. “Construction and property management are among the last major industries to digitize.

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Ensemble raises $100M debut fund to bet on startup teams — but not in the way you think

TechCrunch

West pointed out that this data-driven approach isn’t a silver bullet, though, which is why the team still conducts regular due diligence; Ensemble gets a smaller curated list as a jumping-off point. West said one example of that would be the firm’s investment in 3D home printing startup ICON Technologies.

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China’s game engine Cocos raises $50M, goes beyond games

TechCrunch

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. To play catchup, the Beijing-based company added 3D capabilities to its engine last year.

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Digital twins are primed to revolutionize the infrastructure industry

CIO

billion, according to a report by MarketsAndMarkets.com, and the infrastructure and architectural engineering and construction (AEC) industries are integral to this growth. By 2026, the global digital twin market is expected to reach $48.2 This saves time and greatly reduces injury risk. A real-time system of record.