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TechCrunch: Where top VCs are investing in construction robotics

Dream It

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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Terabase’s $130M Series C Funding Supports Transforming Utility-Scale Solar Construction

American Entrepreneurship

In a significant step toward accelerating the global transition to renewable energy, Terabase Energy has successfully raised $130 million in a Series C financing round. The influx of capital will further Terabases mission of transforming the construction of utility-scale solar power plants through digitalization and automation.

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AI construction startup Versatile raises a $20M Series A

TechCrunch

San Francisco-based construction startup Versatile is announcing today that it has raised a $20 million Series A. The URBAN-X accelerator alum has developed a piece of hardware designed to be mounted to a crane. From that vantage point, it’s capable of capturing and analyzing data across the construction site.

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Construction robotics company Toggle raises $8M

TechCrunch

New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. Construction startups have also begun to heat up. Toggle automates an entirely different part of the construction process. Investment in construction automation is essential to rebuilding US infrastructure.

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The Proptech Startups Using VR & AR to Reshape Real Estate

Dream It

Virtual reality and AR have the potential to transform a number of areas within real estate and the building process: Property walkthroughs that can accelerate the sales process for residential brokers. Site tours of construction projects that are geographically distant, reducing travel time.

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Formwork Labs aims to build ‘the YC of construction tech’

TechCrunch

Construction tech is one of those sectors that has not historically been considered “sexy” in a startup world that often favors glitzier technology. But construction fuels the commercial and real estate industries, which in turn impacts all of us in one way or another. Construction tech startups are poised to shake up a $1.3-trillion-dollar

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Brokrete wants to be the ‘Shopify of construction’, raises $3M seed led by Xploration Capital

TechCrunch

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.”.