/ Category / Financial

Department of Transportation Announces $802 Million to Repair Roads and Bridges Damaged by Natural Disasters and Extreme Weather Events

September 17, 2024 - in Financial, Roads, Transportation

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

August 28, 2024 - in Financial, News, Transportation

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

August 27, 2024 - in Corporate, Financial, News

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

August 21, 2024 - in Corporate, Financial, News

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

August 21, 2024 - in Financial, News

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

August 14, 2024 - in Financial, News

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

August 8, 2024 - in Financial, News

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

July 24, 2024 - in Financial, News

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

July 21, 2024 - in Financial, News

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

July 21, 2024 - in Bridges, Financial, News, Transportation

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 –…