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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.

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.

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.

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.

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.

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.

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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