WASHINGTON – As part of the U.S. Department of Transportation’s coordinated approach to help states repair and rebuild roads and bridges, the Federal Highway Administration (FHWA) announced it is providing $802 million to 36 states, Guam, and Puerto Rico.…
INVESTING IN AMERICA: Number of Publicly Available Electric Vehicle Chargers Has Doubled Since Start of Biden-Harris Administration
Now, Biden-Harris Administration Awarding $521 Million in Grants to Continue Building Out National Electric Vehicle Charging Network WASHINGTON D.C. –…
Planera Secures $13.5 Million to Disrupt Construction Scheduling & Planning Market
Sierra Ventures leads round with participation from leading construction investors Brick and Mortar Ventures and Prudence VC San Jose, CA – Planera,…
Fortera Secures $85M to Accelerate the Global Deployment of Low-Carbon Cement Production
The Series C investment will enable the deployment of Fortera’s cost-effective ReCarb® technology, which integrates with existing cement production facilities and leverages current feedstocks and infrastructure to decarbonize cement at scale. Fortera’s…
Trunk Tools Raises $20M Series A Led By Redpoint Ventures to Expand Suite of AI Agents for Construction
New York, NY – August 20, 2024 – Trunk Tools, a groundbreaking AI platform disrupting the $13 trillion construction industry, announces a $20 million Series A. The new capital was led by Redpoint Ventures with participation from Innovation Endeavors, who…
ITpipes Secures $20 Million to Transform Water Infrastructure Management with AI and Cloud Solutions, Ensuring Safer, Healthier Communities
Trilogy Search Partners and Miramar Equity Partners invest in ITpipes to accelerate innovation in pipeline maintenance for more reliable water systems SEATTLE – ITpipes, the established leader in pipeline inspection software, today announced it has secured…
INVESTING IN AMERICA: Biden-Harris Administration Announces $26.5 Million in Grant Awards for Planning Projects to Restore and Replace Bridges Nationwide
Funding from the Bipartisan Infrastructure Law will create a pipeline of construction-ready bridge projects across the nation. WASHINGTON – Today, the U.S. Department of Transportation announced more than $26.5 million in planning grants through the Federal…
Shapiro Administration Secures $500 Million for Interstate 83 John Harris Memorial (South) Bridge, Largest Federal Transportation Grant Ever Received in Pennsylvania
The Governor and PennDOT Secretary Carroll have advocated for this federal funding for the last year and a half – and this investment from the Biden Administration to replace the South Bridge is the largest grant in state history for a transportation project.…
EPA Grant Supports Further Development of Steel Industry EPDs
CHICAGO - The American Institute of Steel Construction (AISC), in partnership with the University of Massachusetts Amherst and the American Iron and Steel Institute (AISI), has been selected to receive a $6.4 million grant to help automate the development…
INVESTING IN AMERICA: Biden-Harris Administration Announces $5 Billion to Restore, Reconstruct, and Repair Nationally Significant Large Bridges Across the Country
Thirteen major bridges to receive funding through President Biden’s Bipartisan Infrastructure Law, improving the safety and efficiency of critical supply chain corridors, creating good-paying jobs, and supporting the national economy WASHINGTON –…