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The construction material purchasing platform allows companies to digitize and automate the material purchasing process. Founded in 2022, comstruct is taking the next step into the German market thanks to a star lineup of investors.
Mercator AI, which has developed a real-time construction intelligence platform, announced that it had successfully raised more than planned in its seed investment round. The startup will use its funds to accelerate its expansion into the US and Canadian markets throughout 2023.
The spin-out company from VTT Technical Research Centre of Finland raised €1.8 million in seed funding led by Lakan Betoni and Vantaa Energy. The company will use the funds raised to integrate its CO2 technology into an automated production line of its precast concrete factory.
SiteTrace helps its customers procure materials more accurately and efficiently to streamline construction workflows, prevent schedule delays, and improve project profitability. BuildCentrix’s acquisition of the startup seeks help the construction industry build more efficiently as the company expands its footprint.
The “Carbon Hub” for the built environment will use its latest funding to launch its WholeLifeCarbon API, which will provide uniquely accurate carbon calculations that are seamlessly integrated with existing AEC workflows and toolsets in order to extend its current product offering.
A HAX company, Renovate Robotics builds robotic systems that install both asphalt and solar shingles, removing the dangers of manual roofing for human contractors. Eventually, the company plans to switch to a RaaS model, leasing robots to contractors who can operate and oversee the technology on site.
