#foundamental

VARM, a German insulation startup with a mission to drive household decarbonization, is announcing it has raised a seven-figure pre-seed round from Foundamental and A/O. Strategic angels include the founders of German central heating specialist Thermondo, construction tech specialist ecoworks and climate solutions firm Vidia Equity. The funding will be used to build the technological… This…

When architects and designers plan a project, they spend days searching for the right products and materials, from fabrics to timber, tiles, carpets, metals, wallpaper, paints and more. However, suppliers and manufacturers still rely heavily on offline sales methods, such as catalogues, showrooms or design conferences, typically spending less than 0.5% of revenues on serving… This content is for…

Foundamental closes $85M fund for early-stage construction tech startups

The trillion-dollar construction industry is often tarred with the inefficiency brush, accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize. Venture capital (VC) funding in U.S. construction tech startups…

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