Prefab home builder Veev reportedly shutting down after reaching unicorn status last year
Veev, which had raised $400 million in March of 2022, reportedly had trouble raising funding it needed to stay afloat.
Source: techcrunch.com
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Israeli construction tech unicorn hopes to transform home building
With another $400 million investment, Israeli-founded Veev is making waves in the building tech space by focusing on pre-fab homes
Source: timesofisrael.com
Real estate developer turned prefab home builder Veev closes on $400M in fresh funding – TechCrunch
Veev, a real estate developer turned tech-enabled homebuilder, announced today that it has raised $400 million a Series D round that propels the company to “unicorn status.” The financing brings the San Mateo, California-based company’s total raised since its 2008 inception to $600 million. Bond led the latest round, which also included participation from LenX […]
Source: techcrunch.com
Twin Cities produce suppliers say new private-equity owner left them to rot
Copy shortlink: The marriage on paper looked destined for success. Two of the Twin Cities' longest-running fruit and vegetable distributors were to be acquired and merged under one new brand: New Harvest Foods. The longtime competitors had their own strengths and weaknesses — one was better at bagged and bulk produce while the other excelled in packaging organic, precut fruits and veggies. Together, it seemed, they could fulfill nearly any grocery store or restaurant order. But less than two years after a private-equity firm took over the family-run businesses, one c...
Source: startribune.com