The Antitrust Division has pushed bid-rigging and price-fixing prosecutions of government contractors. It is long overdue – fraud enforcement has uncovered a number of bid-rigging and price-fixing ...

Investing in new technologies is always a risk, given the high failure rate of startups and the speed at which even newer technology emerges. This is particularly true of Construction Technology, with ...

Preconstruction proptech company TrueBuilt announced Tuesday that it has acquired Capabuild, a mobile field documentation and reality capture platform for restoration and mitigation contractors.

A former executive with an Ohio company was sentenced to 18 months in prison this week for his role in a scheme to rig bids and defraud the N.C. Department of Transportation. Brent Brewbaker was also ...

Earlier today, Bloomberg News reported that Gropyus AG, a Vienna, Austria-based startup that helps streamline housing construction, had raised 100 million Euros (US$109 million) in fresh cash from an ...

Contech is pleased to announce that it has new ownership in place; equity investors including Anchorage Capital Group, LLC, Littlejohn & Co., LLC, Tennenbaum Capital Partners, LLC and Farallon Capital ...

Following a 44% downturn in construction technology investment in 2023, the contech funding ecosystem seems to have stabilized last year, according to a report from Cemex Ventures. Total investment in ...

Contech received another endorsement Wednesday when Heave, an online marketplace that connects construction companies with on-demand independent heavy equipment mechanics, announced it had raised $7 ...

Investors pumped fewer dollars into the contech ecosystem last year, investing $14.9 billion into the space, a 22% decrease compared to the $19.2 billion seen in 2023, according to BuiltWorlds’ Annual ...

Forbes contributors publish independent expert analyses and insights. I write about proptech and innovation in real estate and construction. For starters, it is worth noting that there is a strong ...