Hot construction tech startups raising venture funding - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Construction tech is looking to disrupt an industry that's been notoriously slow to embrace change — insiders say these are the 10 contech startups to watch in 2020

Spacemaker has created design and construction simulation software that studies how different designs fit into the environment.Spacemaker was founded in 2016 in Norway. The company's flagship product is an AI simulation tool that creates and analyzes thousands of potential developments on one site.

Mighty Buildings is a stealth-mode startup that has attracted big dollars to lower construction costs with 3D printing.There isn't much information about Might Buildings, but the experts we spoke with confirmed that there is a lot of hype.

The company's SEC-D forms show that the company has raised roughly $33 million so far, with Crunchbase recording a variety of investors, including Khosla Ventures and Y Combinator.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines