Tag: Million
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Federal, local agencies fund $300 million NYC ADA upgrade
The 14th Street Subway Station stretches along West 14th Street between Sixth and Seventh Avenues. The station serves the F and M trains running north and south along Sixth Avenue, the L train along 14 Street, and the 1, 2 and 3 lines running north and south along Seventh Avenue. The three stations have a…
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Has Labour just quietly abandoned its 1.5 million homes pledge?
Labour’s ambitious pledge to build 1.5 million homes by the end of this parliament appears to be faltering. Following the Spring Statement, the Office for Budget Responsibility (OBR) projected that just 1.3 million homes will be built by 2029-30, sparking fresh scrutiny of the Labour Government’s plan for homebuilding and whether they are on course…
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CIM Program Raises Over $2 Million at WOC 2025
The 2025 World of Concrete (WOC) tradeshow has come to an end but the amount of good the show was able to do is still being felt. At WOC, the Concrete Industry Management (CIM) program held a live auction and a silent auction. Many companies and organizations donated equipment and materials, as well as monetary…
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SafeGuard, an AI-Powered Safety Solution for Construction, Raises $8 Million
SafeGuard’stechnology identifies hazardous patterns, generates risk predictions, and enforces preemptive measures in real time and cross-industry. SafeGuard is an international Safety-Tech company that uses machine learning to predict and prevent accidents on construction sites. Today, the startup announced an $8 million Series A funding round. Hi-tech investors Ron Zuckerman and Hillel Kobrinsk lead the round. Also participating are Ronen Peled, Yehuda Rachamim, Zemach…
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TestFit, the Maker of an AI-Powered Building Configurator, Gets $20 Million Funding
TestFit Inc., the maker of an interactive AI-powered real estate feasibility software, has announced $20 million in Series A financing led by Parkway Venture Capital, bringing the total company financing to $22 million. TestFit’s building configurator helps real estate developers, architects, urban planners, and more to solve site plans in seconds. Development deals for multifamily, commercial,…
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Buildots Announces $30 million Series B and Reaches 12 Countries with Their AI Tech
Buildots, the AI construction tech company, today announced a $30 million Series B round led by Lightspeed Ventures with the participation of Buildots’ previous investors; TLV Partners, Future Energy Ventures, and Tidhar Construction Group. Buildots will use the new funds to double the size of their global team with a focus on its Sales and…
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Prescient Announces a $190 Million Strategic Investment
Prescient’s game-changing digital design-build platform is increasing returns on investments across the entire development, construction, and operating value chain. The platform provides an efficient, integrated, and transparent approach for advanced professionals who plan, design, and build multi-family housing and hospitality structures. Prescient announced it has closed a $190 million strategic investment and bonding support led…
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CHAOS Raises EUR 1.5 Million to Make Cities Better for Future Residents
The Finnish proptech platform CHAOS lets investors forecast which services and infrastructure urban areas will need to meet the needs of future residents. It has announced the successful closure of a €1.5M funding round led by sustainability-focused Swedish investment firm Nidoco with angel investors Kai Keituri, Tapio Heikkilä, and Stefan Lindberg also participating. The investment…
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Buildots Raises $16 million as It Brings AI Computer Vision to Construction Management
Buildots announced today that it had secured $16 million in funding to leverage the power of AI to track, analyze and provide actionable data for construction project teams. The company uses hardhat-mounted 360° cameras to seamlessly determine the exact status of an ongoing project and provides invaluable insight to contractors. The $3 million seed and…
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Fifth Wall Closes New $503 Million Fund, the Largest Real Estate Venture Capital Fund Raised to Date
With over $1 billion assets under management and more than 50 corporate strategic investors spanning 11 countries, Fifth Wall has assembled the largest consortium of real estate owners to invest in cutting edge startups and transform the global real estate industry. On July 17, 2019, Fifth Wall, the largest venture capital firm focused on technologies…