6 contech startups raise a combined $121M
6 contech startups raise a combined $121M
Publish Date: 2026-06-03 13:50:00
Source Domain: www.constructiondive.com
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August Robotics raised $30 million for autonomous robot fleets to expedite construction processes, including floor-marking and drilling.
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Foresight secured $25 million for its AI-powered project scheduling platform to deliver infrastructure projects with 30% fewer overruns.
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LightTable garnered $22 million to enhance its AI-driven tool for reviewing construction drawings, which claims to reduce design errors by 70%.
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Xpanner raised $18 million for its software-defined machinery platform that automates tasks through subscription-based tech.
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Cocoon Carbon achieved $15 million to develop low-carbon cementitious materials using steel slag, reducing CO2 emissions by up to 40%.
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ProcurePro secured $11 million to develop its AI suite for a construction procurement platform, enhancing project scheduling and bidding processes.
