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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

The influx of capital will further Terabases mission of transforming the construction of utility-scale solar power plants through digitalization and automation. Terabase aims to capitalize on the trend of utility-scale solar now the fastest and most cost-competitive form of new energy generation.

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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.”.

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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 round was led by Insight Partners and Entree Capital, along with existing investors Robert Bosch Venture Capital GmbH, Root Ventures and Conductive Ventures. The round follows $8.5

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

TechCrunch

Allison Xu is an investor at Bain Capital Ventures, where she focuses on investments in the fintech and property tech sectors. 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.

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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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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. Its recently enacted $1.2