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Dusty’s construction robots raise another $45M

TechCrunch

Dusty operates in the construction space, specifically, which has been an area of increased focus for automation proponents. The short version is that the little Roomba-style ‘bot is designed to replace the chalk lines that construction workers manually draw to designate layout in a construction site.

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

TechCrunch

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. Amidst the chaos, construction firms faced an existential question: How will they survive? Construction is a massive, $1.3

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Doxel raises $40M from Insight, a16z to become the ‘Waze for construction’

TechCrunch

Doxel , which has developed software that uses computer vision to help track and monitor progress on construction job sites, announced today that it has raised $40 million in Series B funding. It was the first time I was made aware of the impact construction can have on livelihoods,” Ladha told TechCrunch. trillion-dollar industry.

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GlobalFair secures new cash to simplify procuring construction materials

TechCrunch

The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. construction contractors. “Across the world, global supply chain challenges are resulting in construction delays and labor shortages.”

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Tiger Global leads $30M investment into Briq, a fintech for the construction industry

TechCrunch

Briq , which has developed a fintech platform used by the construction industry, has raised $30 million in a Series B funding round led by Tiger Global Management. Briq CEO and co-founder Bassem Hamdy is a former executive at construction tech giant Procore (which recently went public and has a market cap of $10.4

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Shepherd raises $6.2M seed round to tackle the construction insurance market

TechCrunch

Shepherd , an insurtech startup focused on the construction market, has closed a $6.15 For Shepherd, the construction market is its target, an industry that it intends to carve into starting with excess liability coverage. On the subject of price, Levine thinks that the construction insurance market is suffering at the moment.

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AI in Construction: Future-Proofing the Construction Industry

Openxcell

The construction industry is no stranger to this trend. The advent of AI in this industry has kickstarted a tech revolution that is all set to completely change how a building is designed, planned, and constructed. Let’s look at how AI’s power is being and can be harnessed in the construction landscape.