Crane-mounted sensor and jobsite intelligence startup Versatile announced on Sept. 14 that it has secured $80 million in Series B funding. This comes on the heels of a $20 million Series A funding round secured in December 2020.
Reaching the Paris Agreement’s greenhouse-gas-emission reduction targets to limit global temperature rise to 1.5°C by 2100 is possible but extremely difficult without huge commitments and major actions of G20 nations and others, says a new study.
Site work is underway for a vaccine manufacturing facility in a Dartmouth, Mass., business park, set to develop new vaccines for COVID-19 and other infectious diseases.
Sundt and PCL are constructing a $700-million water reclamation facility to replace an aging 33-million-gallon-per-day wastewater treatment plant in the city.
When looking to buy or sell a piece of construction equipment, options are often limited. There are a few big auction houses, a handful of websites and a local network of dealers, contractors and rental houses that might be interested.
Automating some of the more tedious tasks in construction has been a target of machine learning for years, but the startup TOGAL.AI has zeroed in on one annoying task that has been overlooked.
As the first anniversary of work on the U.K.’s 225-km London-Birmingham high-speed railroad (HS2) is reached, news of a major bentonite leak of more than 1,500 cu m at the project’s first tunnel has revived opposition to the project.
Over the summer, BP marked the safe start-up of the Manuel project in the U.S. Gulf of Mexico, the fourth of five major projects the energy company expects to deliver globally in 2021.
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