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Category: construction tech
3d printing, construction tech, Exclusive, Fundraising, Global IT News, Global Security News, icon, norwest venture partners, robotics, tiger global
ICON, a pioneer in 3D home printing, raises $56M led by Norwest, Tiger Global
ICON, which builds homes using 3D printing, has closed on $56 million in Series C funding co-led by Norwest Venture Partners and Tiger Global, the company has confirmed to TechCrunch exclusively. The raise represents a first close for the Austin-based ICON, according to a spokesperson. Existing backers CAZ Investments, LENX, Moderne Ventures, Oakhouse Partners and…
BRKZ, Commerce, construction materials, construction tech, Global IT News, Global Security News, MENA, Saudi Arabia
Saudi’s BRKZ closes $17M Series A for its construction tech platform
Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that…