The quickly evolving field of construction tech is increasing demand for a new kind of construction worker, one with a comprehensive understanding of emerging technologies as well as the built environment. Across all the skilled trades, a shortage of tech-focused workers is emerging alongside advancements in digitization. Leading construction companies are quickly introducing new roles…
OpenSpace Expands Strategic Capital with an Additional US$9 Million in Funding, Bringing Series D Total to US$111 Million
OpenSpace, the global leader in 360° jobsite capture and AI-powered analytics, announced US$9 Million in additional strategic capital for its Series D round, bringing the total raised to US$111 Million. The investment comes from funds managed by existing investors Taronga Ventures and GreenPoint Partners, spotlighting OpenSpace’s exciting opportunities to expand into new markets and use cases. The investment will be used to continue scaling the business and developing additional AI-powered technologies.