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Last Week in ConTech — 31 May 2024

  • China built hundreds of AI data centers to catch the AI boom. Now many stand unused.
  • Terra CO2, a Colorado startup, received investment from CEMEX Ventures to develop low carbon building materials.
  • Lumber, a Californian startup, raised $15.5m in Series A funding for their workforce management solution for SMB construction contractors.
  • Specter Automation, a German startup, raised €5m in Seed funding for their construction management solution based on 3D models.

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