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Buildots raises $30M to put eyes on construction sites

TechCrunch

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. Lightspeed Venture Partners led the round, with participation from previous investors TLV Partners, Future Energy Ventures and Tidhar Construction Group.

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Construction tech startups are poised to shake up a $1.3-trillion-dollar industry

TechCrunch

In the wake of COVID-19 this spring, construction sites across the nation emptied out alongside neighboring restaurants, retail stores, offices and other commercial establishments. Meanwhile, project demand steadily shrank. Amidst the chaos, construction firms faced an existential question: How will they survive?

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Japanese construction tech Aldagram nails down backing from Panasonic

TechCrunch

Aldagram , a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. On top of that, KANNA helps construction project managers keep connected with what’s happening on-site.

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Mosaic raises $44M to automate the construction planning process

TechCrunch

Mosaic Building Group , a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures. To make residential construction more scalable. The startup says it is able to do that because its technology actually automates the construction planning process.

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5 construction tech investors analyze 2022 trends and opportunities

TechCrunch

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.

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Disperse, which brings AI-fuelled data to construction projects, raises $16M

TechCrunch

based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised $16 million in funding. “Having worked for years on projects and with companies in both Europe and the U.S., Disperse , a U.K.-based

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Y Combinator-backed CostCertified lands $8.45M to build the ‘Amazon for construction’

TechCrunch

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.