From unicorns to zombies: Tech startups run out of time and money
After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
Source: boston.com
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From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money
After staving off collapse by cutting costs, many young tech companies are out of options, fueling a cash bonfire.
Source: nytimes.com
From Unicorns to Zombies: Tech Startups Run Out of Time and Money
SAN FRANCISCO — WeWork raised more than $11 billion in funding as a private company. Olive AI, a health care startup, gathered $852 million. Convoy, a freight startup, raised $900 million. And Veev, a home construction startup, amassed $647 million. In the last six weeks, they all filed for bankruptcy or shut down. They are the most recent failures in a tech startup collapse that investors say is only beginning. After staving off mass failure by cutting costs over the past two years, many...
Source: yahoo.com
Contech firms continue to attract VC money
Construction industry news, trends and jobs for building professionals who want mobile-friendly content.
United States Goldman Sachs Diamondstream Partners Equitypitcher Ventures Florida Funders Field Materials
Source: constructiondive.com
Mercator AI raises $5.1 million CAD as it develops early project detection tool for construction
Mercator helps business developers find leads in construction projects faster using AI.
Source: betakit.com
Construction Tech Startup Mercator AI To Accelerate Growth
Calgary, Alberta, March 21, 2023 (GLOBE NEWSWIRE) -- Mercator AI, a real-time construction intelligence platform, today announced that it has raised...
Source: globenewswire.com