Tag: downturn

  • Defying the Odds: How Sidewall Scaffolding Rose in a Downturn

    While the world began to halt during the global pandemic, a bold new player quietly took shape in Auckland’s residential construction sector. Born in one of the most uncertain periods in modern economic history, Sidewall Scaffolding (www.sidewall.co.nz) emerged not just to survive—but to thrive. Founded at the height of the COVID-19 crisis, when businesses worldwide…

  • Following sharp downturn, contech funding stabilizes

    Following sharp downturn, contech funding stabilizes

    Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Following a 44% downturn in construction technology investment in 2023, the contech funding ecosystem seems to have stabilized last year, according to a report from Cemex Ventures. Total investment in the space grew marginally year…