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Last Week in ConTech — 14 October 2024

  • ContractsDocument Crunch, an Atlanta startup, raised $21.5m in Series B funding from investors including Navitas Capital and Zacua Ventures. They provide an AI driven contract intelligence platform for the construction industry simplifying construction documents, identifying risks and empowering users in understanding what’s in their construction contracts.
  • ConcreteSysdyne Technologies, a Connecticut startup, received funding (undisclosed). They have developed an operations platform for the ready mix concrete industry offering services such as quoting with real time data, centralized dispatching, batching processing, delivery management and seamless invoicing.
  • Giatec, a Canadian startup, received $17.5m in funding. They are developing an AI and IoT sensor enabled platform for the concrete industry. Their sensors provide real time, wireless and long range concrete temperature and strength measurements and their platform uses AI to optimize concrete mixes.
  • Purpose Green, a Berlin startup, raised $15m in Seed funding. They are developing an end to end solution for energetic retrofits from analyzing building data and creating a Carbon Risk Real Estate Monitor to project managing the implementation of the retrofit managing contractors, procurement and construction supervision.
  • Paebbl, a Nordic / Dutch startup, raised €22.8m in Series A funding from investors including Holcim. They have developed a way to permanently store CO2 in building materials such as concrete structures.
  • Gropyus, an Austrian startup, raised $100m in funding. They design and build sustainable, modular apartment buildings that are affordable and customizable using robots in their factory to reduce construction time and labor costs.
  • Building Radar, a German startup, raised $7.2m in funding. They are developing a platform which automates workflows in construction industry sales including helping sales professionals identify and qualify the most promising leads (it automates research for new projects with daily notifications) and provide insights and personalized outreach strategies.
  • Vultron, a San Francisco startup, raised $4.85m in Seed funding. They have developed an AI powered proposal development solution for the public sector used by government contractors to help them submit high quality proposals to secure more business.
  • Wavelogix, an Indiana startup, received $1m in grant funding. They have developed an IoT sensing and data analytics platform including concrete strength sensors which provide real time measurements of in place concrete strength which allows for data driven decision making on scheduling without requiring lab testing.
  • Kando, an Israeli startup, raised $10m in funding. They have developed a wastewater intelligence solution which is able to target anomalies and empower teams to manage issues such as stormwater overflow in real time.

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