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Construex, an Ecuadorian SaaS marketplace for the construction industry, has raised $4.6M in its initial funding round. Global venture capital firm Zacua Ventures and Fifth Wall co-led the round with participation from Brazilian firms ABSeed and Terracotta Ventures. This funding will drive Construex’s expansion across Latin America and enhance its platform.
Projexion Inc. has raised $375,000 from investors this month, according to a U.S. Securities and Exchange filing. The Tampa-based company, which sells risk mitigation software for construction, received the money in exchange for debt from three investors. The raise is the second public funding since its launch in 2021.
The climate-neutral building renovation company Ecoworks announced one of the largest Series A rounds to date in the global construction technology sector, securing €40 million. This brings the company's total funding to over €82 million.
Ecoworks provides modular, climate-neutral renovation solutions for the housing industry. The company utilizes AI-supported digital planning, construction, and assembly of prefabricated facade and roof elements to transform apartment buildings to NetZero standards within just a few weeks.
With the acquisition of Rockease, Colas aims to digitalize the sale of building materials through the integration of a marketplace, the Bouygues Group subsidiary intends to put aggregate suppliers in touch with construction companies.
Sydney software proptech Sitemate has raised $7.5 million in a pre-Series A for its no code platform for the construction sector. Marbruck Investments led the round, with participation from existing investors including Blackbird Ventures and Artesian.
Crafco Inc., Arizona-based packaged pavement preservation solutions provider, has acquired PoreShield, a patented, soy-based protectant that extends concrete service life. PoreShield’s key ingredient is soy methyl ester-polystyrene, or SME-PS. Derived from domestic soybeans, the compound yields a safe and environmentally friendly agent that crews can apply with ease while requiring no additional personal protective equipment.
