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Last Week in ConTech — 28 October 2024

  • BiltOn, a New York startup, raised $15m in Series B funding, for their construction operations and risk management software i.e. automated time tracking for payroll, daily logs, facial recognition for workforce verification and more.
  • Speckle which is a UK startup raised $12.5m in Series A funding. They have developed a centralized platform and collaborative data hub which makes it easier for companies to exchange information in 3D formats, automate workflows more efficiently.
  • Furno, a Californian startup has received $20m in grant funding for their zero emission cement producer which builds small, modular and more energy efficient cement plants. The funds will be used to build eight micro-kilns at a concrete plant in Chicago.
  • ClearVue Technologies, an Australian company, raised $7.5m via institutional placement for their solar photovoltaic window glazing technology which can be used to power buildings.
  • Pantheon AI, a San Francisco startup, raised $25m in funding for their AI enabled architecture software which helps property developers, owners and tenants to generate floor plans, refine the design and provide construction ready documents.
  • Urbint, a Miami startup, raised $35m in funding for their AI-enabled risk management tools to help utilities and critical infrastructure companies manage storm and extreme weather events, mitigate safety threats to workers, and prevent damage.
  • Zephyr, a New York startup, raised $60m in funding for their technology-enabled home repair and maintenance services focusing on services such as air conditioning, heating, plumbing, and electrical work.
  • FiberSense, an Australian startup, raised $14m in funding. They provide ‘fiber-optic sensing technology as a service’ which uses existing fiber-optic cables (used for internet) to help clients such as cities understand traffic movements or to protect critical infrastructure.
  • Aether, a San Francisco startup, raised $2.5m in Seed funding for their AI first platform to streamline the process of designing, selling and managing rooftop solar installations including providing a CRM tool from pre-construction phase to delivery, a proposal creator and a CAD engine to generate 3D roof faces and design solar layouts.
  • Aira, a Swedish startup, raised €63m in Series B funding for their vertically integrated direct to consumer clean energy platform offering smart heat pumps via monthly plans as well as clean energy tariffs and solar solutions.

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