Collé Rental and Sales has secured a €50m loan from the European Investment Bank (EIB), to electrify its construction rental fleet.
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finance
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The battery cell manufacturer Britishvolt has announced the resignation of its founder and CEO Orral Nadjari.
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BusinessGlobalInfrastructure and TransportationNews
Kiwi construction tech startup Mooven expands to the US
Mooven provides data on how infrastructure projects will impact the transport network, such as traffic congestion and noise pollution.
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The BIM software market is expected to grow to $21bn (c.£15.7bn) by 2025 following ongoing digital transformation within the construction industry.
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BusinessGlobalNewsSoftware
Cintoo secures £4.4m investment to improve SaaS platform
by Liam Turnerby Liam TurnerCintoo has announced a Series A investment of €5.3m (c.£4.4m) from five international investors to improve its Software as a Service platform.
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BusinessGlobalNews
Contech start-up raises over £10m for proprietary digital twin software
by Liam Turnerby Liam TurnerContech start-up SiteAware Inc. has announced a $15m funding round to build and sell its digital construction verification technology.
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Energy & PowerInfrastructure and TransportationNews
Scotland unveils £60m plan to double EV charging infrastructure
by Liam Turnerby Liam TurnerThe EV fund will provide up to £60m to local authorities over the next four years, with around half of the funding set to be invested by the private sector.
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ProjectMark, now based in San Francisco, raised the investment via a funding round led by Heartland Ventures.
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BusinessNewsSoftware
Built Technologies introduces new digital payment software
by Liam Turnerby Liam TurnerBuilt Technologies says it has designed Built Pay with the aim of simplifying construction payment processes.
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Flexbase has unveiled what it claims to be the construction industry’s first credit card to offer up to 60 days interest-free financing.
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