Tag: funding
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SAEKI Unveils Game-Changing Automation in AEC Industry with $2.3M Seed Funding
In a groundbreaking development for the AEC industry, SAEKI has emerged from stealth mode, announcing a $2.3 million seed funding round. The Swiss startup aims to revolutionize the often slow and expensive process of manufacturing large components, from aircraft wings to construction site installations, by leveraging fully automated plants with industrial robots and 3D technology.…
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TestFit, the Maker of an AI-Powered Building Configurator, Gets $20 Million Funding
TestFit Inc., the maker of an interactive AI-powered real estate feasibility software, has announced $20 million in Series A financing led by Parkway Venture Capital, bringing the total company financing to $22 million. TestFit’s building configurator helps real estate developers, architects, urban planners, and more to solve site plans in seconds. Development deals for multifamily, commercial,…
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EVERCAM Construction Cameras Expands Digital Twin Capabilities with Bentley Funding
Evercam Ltd. (EVERCAM), the leading provider of construction camera software announced a financial investment by Bentley iTwin Ventures, a part of Bentley Acceleration Initiatives. Bentley Acceleration Initiatives is the internal incubator for strategic investments of Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company. This investment and technical integration of Bentley’s iTwin® platform will…
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Construction AR Start-Up XYZ Reality Secures £20M Series A Funding
XYZ Reality today announced a £20m investment round led by Octopus Ventures. Founded in 2017, XYZ Reality develops HoloSite, an Augmented Reality (AR) solution for construction sites. The company is on a mission to eliminate 2D in its entirety. I’ve seen a live demo of HoloSite. Using its safety certified AR hardhat, it places accurately a real-time,…
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Photovoltaic Window Developer NEXT Energy Technologies Closes Series C Funding
NEXT Energy Technologies, Inc., makers of a proprietary transparent photovoltaic coating that transforms commercial windows into energy-producing solar panels, announced today that it has raised $13.4 million in a Series C round of funding. Lead investors in the round include Alon Blue Square Israel, Ltd., GEAR Innovation Network, and Viracon, a leading architectural glass fabricator.…
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BLOK, a Wired UK Hottest 100 Housing Market Startup, Gets Funding from a Renowned Group of Investors
Blok, listed as one of the Hottest 100 European Startups by Wired UK, has secured several renowned investors to promote the company’s product development and marketing in its second round of financing. The Helsinki-based startup company aims to revolutionize the housing market through automation and artificial intelligence. Blok believes that the future of the housing…