UAE-based contech Opteam has raised an undisclosed pre-Seed round, led by Plus VC, with participation from Dar Ventures, SIAC Ventures and Oraseya Capital. Founded in 2020 by Tarek Hegazy and Ahmed Hegazy, Opteam empowers construction teams with tools for monitoring progress, real-time dashboards and intelligent schedule optimisation.
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Opteam, an innovative AI-driven construction management software, has announced today that it has successfully closed its pre-seed round for an undisclosed amount from Plus Venture Capital, a prominent venture capital firm in the MENA region, its mission of transforming the construction industry. https://lnkd.in/dNWtUqnb Opteam | Tarek Hegazy Plus Venture Capital | Hasan Haider, Oraseya Capital, SIAC Ventures, Faysal Shair | Dar Ventures, سلطة دبي للمناطق الاقتصادية المتكاملة #Opteam #AIDriven #Funding #Innovation #StartupFunding #constructionIndustry #constructionPlanning
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Parkway Venture Capital and Arcapita announced that they entered a strategic partnership that will focus on frontier technology and artificial intelligence investments. 🌐 “Arcapita’s trust in Parkway underscores not only the strength of our approach but also our collective commitment to driving meaningful global innovation.” -- Gregg Hill, General Partner at Parkway https://lnkd.in/ecEch9CT
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The rationale behind GoHub Ventures investment in Indigitall's Series A 👇 1. World Class Team 2. Huge Problem with Big Market Opportunity 3. Great traction and growth 4. Extraordinary Go-to-market Execution ____ You can learn more about this on Gohub Ventures' Blog, link in the comments!
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Thank you for the shout-out, Matthew Thibault in your Construction Dive article on Ironspring Ventures' new construction tech fund. As one of the "stand outs" from the first fund, Join is now being used by almost half of the Engineering News-Record top 25 GCs to simplify collaborative decision-making and deliver better outcomes for owners. #constructiontechnology #contech #contechinvestment #constructioninnovation
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Sitemate Secures $27.5M Series A to Revolutionize the Built World. Led by Blackbird and joined by Shearwater Capital, Artesian (Alternative Investments), Marbruck Investments, and new backers OIF Ventures, Hostplus, and Gravel Road Ventures, this funding will expand Sitemate's no-code software solutions for the construction, energy, and mining industries. Founded in 2015 by Hartley Pike 👷 and Sam McDonnell 👷, Sitemate is now empowering over 2,000 customers globally with innovative platforms like Dashpivot, Flowsite, and Gearbelt. These solutions are streamlining project delivery, process automation, and asset management. This milestone fuels further product innovation, global expansion, and ambitious plans to open a new office in Austin, Texas, by 2025. Stay ahead in the startup world! 🌟 Get a weekly digest of key happenings and insights delivered to your inbox every Monday morning. Don't miss out—subscribe now: https://lnkd.in/e4233YGN 🚀 #ConstructionTech #NoCode #Funding #Startups
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Portfolio Milestone: Kraaft Raises €13M Series A to Transform Construction Operations Through AI-Powered Collaboration We are pleased to announce that Kraaft, a company in our portfolio, has secured €13M in Series A funding. The round was led by Dawn Capital, with participation from Brick & Mortar Ventures, Chalfen Ventures, Stride.VC, and OSS Ventures. This milestone follows Kraaft's successful seed round of €3.2M in 2023 and validates our early conviction in their mission to digitize construction operations. Their platform bridges the critical gap between field and office workflows through AI-powered project management, delivering measurable efficiency gains to an traditionally underserved market. The company's exceptional execution is evidenced by: ⭐️3x user growth since 2023, now serving 1,000+ construction professionals ⭐️Strategic partnerships with leading European contractors ⭐️Multilingual deployment across five major European markets We look forward to supporting Kraaft's continued expansion as they deploy this capital to enhance their product offering and accelerate market penetration across Europe.
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Venture capital firm HawkTower, VC for California's future is on a mission to find start-ups with solutions to help rural California thrive, explains its managing partner Danny Bernstein. https://lnkd.in/dt5B5xde
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Martha White, Adam White and Alden Christianson founded RL Core Technologies secured US $5M seed funding led by TQ Ventures with participation from Flying Fish Partners.
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🚧 UAE-based Opteam, an AI-driven construction management platform, has closed its pre-seed round with participation from Plus VC (+VC), Dar Ventures, SIAC Ventures, and Oraseya Capital. Founded by Dr. Tarek Hegazy and Ahmed Hegazy, Opteam tackles construction inefficiencies with AI-powered solutions, enabling faster, smarter project management. 🔗 Discover how Opteam is shaping the future of construction tech. Read more! https://lnkd.in/dbtABjei
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🚀 Exciting News from Our Member, LEAD VENTURES! 🚀 We are thrilled to share that LEAD VENTURES has made a significant investment of four million euros in Parkl Digital Technologies. This strategic move aims to scale Parkl's innovative digital mobility services, supporting its growth strategy and positioning it as a leading digital service provider in the international office market. With this investment, Lead Ventures is reinforcing its commitment to fostering innovative tech solutions that meet the evolving demands of the real estate sector. Parkl, currently managing over 10,000 parking spaces and around 700 charging points in Hungary, is set to expand its expertise throughout Central and Eastern Europe. This collaboration not only highlights Lead Ventures' dedication to sustainability and smart mobility but also aligns with the broader ESG goals that are increasingly important in today's business landscape. Congratulations to LEAD VENTURES and Parkl Digital Technologies on this exciting partnership! 🌟 For more information, check out this article: https://lnkd.in/dP2mNWC3 #Investment #Innovation #Sustainability #SmartMobility #ESG #LeadVentures #Parkl #TechGrowth #RealEstate
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Thanks for the spotlight! Excited for the journey ahead 🙌