With $111 million in capital raised in 2022, reality capture startup OpenSpace is taking its 360° imaging technology to a global construction market.

With a tight labor market and construction still booming in many regions of the country, one category of worker that has felt stretched thin has been equipment operators.

It’s been a long while since the construction equipment market saw consistent availability and attractive prices.

Latest funding round comes as company expands its AI scheduling platform into the construction phase.

In a sign of continued interest in technologies for tracking work progress and keeping on schedule, Israel-based startup Buildots announced that it has raised $60 million in a Series C funding round.

With the shortage of equipment operators seen in construction today, automation of heavy equipment is gaining ground among large contractors.

The construction equipment sector is still working through supply chain issues that bedeviled it in 2021, while an active construction market ikeeps machines in use longer and constrains the flow of used iron into the normal secondary channels.

Constructing a cruise terminal at the start of the COVID-19 pandemic was a surreal experience for the project team, but pandemic disruptions did not derail work on the Norwegian Cruise Line Terminal B, now a soaring landmark at the Port of Miami that can handle cruise ships carrying up to 5,000 passengers.

When the University of Texas at Dallas wanted to consolidate its physics and space sciences departments into a single facility, it took the opportunity to build a signature gateway building to the campus.