Tag: construction invest

Investors Are Pumping Billions Into Construction Technology

According to the Wall Street Journal, “ Venture investment in private construction-technology companies leaped to 6.1 billion in 2018, from $352.1 million in 2016. With $4.3 billion invested as of late June, 2019 is on track to be another record year.
Construction companies have been encountering labor shortages, pushing them to look for ways to build faster and cheaper.

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