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6 contech startups net $234M in recent funding
['Matthew Thibault']
Construction Dive - Latest News
Firms that offer robotics, both as a fleet and as retrofit products, along with AI products, captured new infusions of cash in recent funding rounds.
The two funding mechanisms were a $30 million Series A funding round and a $7.5 million Seed round, led by venture capital firms Blossom Capital and Accel respectively.
Buildforce$10 millionBuildforce, a tech-enabled staffing business that focuses on electricians, snagged $10 million in a Series A funding round, according to a July 28 announcement.
SubBase$7 millionSubBase, a contech firm that focuses on material procurement for the construction industry, raised $7 million in a Series A funding round, according to a June 17 announcement.
FINTOP, a venture capital firm, led the round.