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Building the future of construction

CIO

The construction industry in many countries around the world is facing a labor shortage crisis. For construction to continue at the pace needed, something has to change. For construction to continue at the pace needed, something has to change. There is a solution: remote operation of construction machinery. Innovation

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Tangible wants to scale up construction decarbonization

TechCrunch

The company is building a tool for finding, managing and reporting on lower-carbon, more sustainable, building materials, and just closed a $3 million seed round to fulfill that mission. The round was led by early-stage construction tech investor Foundamental , and Fifty Years (which led the company’s previously undisclosed pre-seed round).

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Accelerating sustainability to build stronger businesses

CIO

Environmental sustainability has emerged as a significant concern and a business imperative for organizations today. Sustainability Leaders Video Series In this APAC Network video series hosted by Equinix, meet Asia-Pacific’s most inspiring people and companies leading the green revolution and charting a sustainable future for our planet.

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Construction robotics company Toggle raises $8M

TechCrunch

New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. Construction startups have also begun to heat up. Toggle automates an entirely different part of the construction process. Investment in construction automation is essential to rebuilding US infrastructure.

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Austin-based ICON awarded $57.2 million NASA contract for lunar construction tech

TechCrunch

ICON , a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. Habitats aren’t the only thing on the company’s radar: it’s also eyeing up landing pads and other infrastructure to support sustained lunar exploration.

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With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient

TechCrunch

Brazilian construction tech startup Ambar announced it has raised a large Series C round: R$204 million, approximately $36 million at today’s mid-market rate. Ambar was created in 2013 with the ambition to leverage technology to make the civil construction process more efficient. Ambar is not a general contractor, though.

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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

More construction projects are being started, but payments to contractors and their subcontractors continue to cause a bottleneck in the normal course of completing a project. Constrafor grabs $106M in equity, credit to finance construction subcontractors The company raised $106.3