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Building Material Business Intelligence North America Real Estate

PropLogix Receives Growth Investment From Accel-KKR

– PropLogix, a Sarasota, FL-based title support company providing tech-enabled due diligence services and software for closing professionals, received a strategic growth investment from Accel-KKR.
– The amount of the deal was not disclosed.
– With this investment, the company will accelerate market expansion plans, scale product development and pursue M&A opportunities.

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Building Material Construction E-Commerce Marketplace Procurement South Asia

India’s Infra.Market valued at $2.5B in Tiger Global-led $125M funding

– Infra.Market, an Indian startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their projects, said it has secured its third financing round in the past nine months.
Tiger Global led the $125m Series D financing round in the five-year-old startup.
– The new round valued Mumbai-headquartered Infra.Market at $2.5 billion (post-money), up from $1 billion in February and $200 million in December last year.
– The startup has raised about $275 million to date.

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3D Printing Building Material CAD Construction North America

Mighty Buildings lands $22M to create ‘sustainable and affordable’ 3D-printed homes

– Oakland-based Mighty Buildings, which is on a quest to build homes using 3D printing, robotics and automation, has raised a $22m extension to its Series B round of funding.
– The additional capital builds upon a $40m raise the company announced earlier this year, bringing its total funding since its 2017 inception to $100m.
– Mighty Building’s self-proclaimed mission is to create “beautiful, sustainable and affordable” homes.
– The company claims to be able to 3D print structures “two times as quickly with 95% less labor hours and 10-times less waste” than conventional construction. For example, it says it can 3D print a 350-square-foot studio apartment in just 24 hours.

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Building Material Energy Manufacturing North America Renewable Energy

Next Energy Technologies Raises $13.4M in Series C Funding

– Next Energy Technologies, Inc. develops low-cost, printable, transparent coatings that are integrated into windows, enabling them to function like solar panels – harvesting and converting sunlight into renewable energy to power commercial buildings.
– The company raised $13.4m in Series C funding.
– The round was led by Alon Blue Square Israel, Ltd., Gear Innovation Network and Viracon. Real estate family office Rincon Advisors also participated in the financing.
– The new investment will be used to accelerate the transition to large-area coating for commercialization, pilot installations, durability testing, and industry certification, in preparation for use by window manufacturers.

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Building Material Construction Delivery Service North America

Curri nabs $6M for AI-powered last-mile construction logistics

– Curri, a Y Combinator-backed logistics startup delivering construction supplies and materials, today announced the closing of a $6 million funding round.
– The company says the proceeds will be used to expand its services as well as its market reach.
– Last-mile delivery logistics tends to be the most expensive and time-consuming part of the shipping process.
– According to one estimate, last-mile accounts for 53% of total shipping costs and 41% of total supply chain costs.
– With the rise of ecommerce in the U.S., retail providers are increasingly focusing on fulfilment and distribution at the lowest cost.
– Particularly in the construction industry, the pandemic continues to disrupt wholesalers, highlighting the need for flexible and reliable delivery.

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Building Material Clean Energy North America Renewable Energy Solar Windows

Ubiquitous Energy Secures Strategic $8M Equity Investment from ENEOS Holdings

– Ubiquitous Energy has secured a strategic equity investment of $8M from ENEOS Holdings.
– The investment from ENEOS represents an initial close of Ubiquitous Energy’s Series B financing round and will help support the company’s go-to-market strategy and production efforts.
– Ubiquitous Energy is focused on developing new ways to reduce humanity’s carbon footprint by seamlessly integrating solar technology into everyday products and surfaces, without aesthetic compromises.
– ENEOS has a portfolio that reduces carbon dioxide emissions and have begun investing substantial resources behind their smart city and renewable energy strategies.
– Ubiquitous Energy and ENEOS will pioneer the cultivation of an accessible low-carbon and renewables-oriented society.

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3D Printing Advanced Materials Building Material CAD Construction North America

Mighty Buildings Raises $40M In Series B Funding

– Mighty Buildings is a construction tech company applying automation and innovative new technologies to cut time and labor hours.
– The company raised $40m in Series B funding.
– The round was led by Khosla Ventures and co-led by Zeno Ventures, with participation from returning investors Bold Capital Partners, Core Innovation Capital, and Foundamental.
– New investors included ArcTern Ventures, Abies Ventures, Modern Venture Partners, Giant Ventures, MicroVentures, One Way Ventures, Polyvalent Capital and others.

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