Tag: combined
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6 contech firms haul in a combined $208M
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. An autonomous machinery firm that uses artificial intelligence with retrofits, an AI tool that scrapes permits across U.S. jurisdictions and field-tested AI agents all attracted investor cash in the second quarter of 2025. Here are six startups…
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Lunda lands 2 highway jobs for a combined $101M
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Awards: Highway construction workValue: $101 millionLocation: Minneapolis and Jordan, MinnesotaClients: Minnesota DOT; Jordan, Minnesota; Scott County, Minnesota Tutor Perini subsidiary Lunda Construction will be on the road in Minnesota this summer as it works on two new…
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6 contech startups take in combined $194M
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Amid challenges in the construction industry fueled by tariffs, labor shortages and regulatory uncertainty, contech solutions that target these sore areas saw successful funding rounds. In particular, one startup broke $1 billion in total valuation, making it…
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6 contech firms raise combined $57M
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Firms that help builders get materials, remain compliant and communicate on the jobsite were the recipients of recent venture capital funding. Artificial intelligence, in particular, remains a point of interest for contractors as they seek to leverage…