The construction sector is known for its slow embrace of technology. But a new venture capital firm, funded by some heavyweight legacy construction companies, is out to change that. Zacua Ventures has launched its inaugural $56 million fund targeting early-stage construction technology startups, backed by 19 of the construction sector’s biggest corporations. The limited partner … Read more
ROME — Italian rescuers confirmed Saturday the death of a fifth worker after a concrete beam and layers of slabs collapsed at a supermarket construction site in the city of Florence a day earlier. “I’ve just been informed that rescuers are recovering the body of a fifth worker,” said Tuscany Region’s president, Eugenio Giani. Earlier, … Read more
Attentive.ai, a startup building vertical software for landscaping and construction services in the U.S., has raised $7 million in a new funding round as it looks to enhance its AI-led offerings and expand them to more businesses. Led by Vertex Ventures Southeast Asia and India, the all-equity Series A round, which follows the earlier $5 … Read more
Rick Fox has spent a lot of time in Hollywood, so naturally he has more than one origin story. Canadian-born, Bahamian-raised Fox played professional basketball in the NBA in the 1990s and 2000s, starring for the Boston Celtics and Los Angeles Lakers. After retiring from the sport in 2004, he became a full-time actor, appearing … Read more
Swedish authorities say all five people inside a construction site elevator were killed when it plunged to the ground in Stockholm ByThe Associated Press December 12, 2023, 7:45 AM Swedish police arrive at the site where a construction elevator crashed to the ground on a building site seriously injuring several people in Sundbyberg, north of … Read more
Mario Lopez and his wife, Courtney Lopez, are suing a construction company over major damages to their Los Angeles home. According to legal documents, obtained by The Blast, after the Lopez’s closed on the $9.3M L.A. home, which has six bedrooms and nine bathrooms, California experienced heavy rainfall. Mario and his wife claim the severe … Read more
Indonesia’s construction industry is growing quickly, driven by residential and industrial building, alongside infrastructure development plans by the government. Sourcing skilled labor is still a time-intensive process, however, and often relies on personal networks and lengthy recruitment efforts. The founders of Gravel want to change that by making it easier to find workers and other … Read more
Play video content Some alleged culprits turned to heavy machinery to carry out their heist … taking a construction backhoe and digging right into the store. Check out the wild clip, which reportedly took place Monday morning at an ampm store in Oakland, CA … the excavation equipment blasts through the wall, with the store’s … Read more
Rebels in Indonesia’s restive Papua province have killed a construction worker and seriously injured three others in an attack at a construction site ByALFIAN KARTONO Associated Press October 20, 2023, 5:49 AM JAYAPURA, Indonesia — Rebels in Indonesia’s restive Papua province killed a construction worker and seriously injured three others in an attack at a … Read more
A Thai construction magnate whose conviction on poaching charges became a rare example of the rich and influential facing justice in the country was freed on parole, two months before his prison term ends ByJINTAMAS SAKSORNCHAI Associated Press October 17, 2023, 10:44 AM FILE – Thai business tycoon, chairman of Italian-Thai Development Plc, one of … Read more