Trimble acquires Flashtract as Speedchain raises $111 million
United States, October 13, 2025 News Summary Trimble has acquired Flashtract, bringing the billing and compliance platform into its broader project and finance toolset while integrating the Flashtract team and product into Trimble’s payments and ERP workflows. All 24 Flashtract employees will join Trimble to support customer migrations and product integration. Separately, Speedchain raised $111 million […]
Build Up High School Internship Expands to Boost Diversity in Construction
Seattle, October 13, 2025 News Summary DPR Construction’s Build Up program is growing, offering paid, eight-week internships that give high school juniors and seniors hands-on exposure to construction management, technology and business skills. Accessible to low-income and first-generation students, the program pairs interns with professionals on active job sites and trains them on industry tools like […]
NEC X Announces Seven Startups for Elev X! Ignite
Palo Alto, Calif., October 11, 2025 News Summary NEC X unveiled seven startups selected for Batch 14 of its Elev X! Ignite venture studio, a program designed to accelerate early-stage founders with deep technical and commercial support. The six-week selection drew hundreds of applicants, with just 9.3% advancing and nearly 90% of submissions focused on AI-driven, […]
Local 111 builds new training facility next to Escanaba hall
Escanaba, Michigan, October 11, 2025 News Summary Construction is underway on a $3 million expansion adjacent to the UA Plumbers, Pipefitters & HVAC Local 111 hall in Escanaba. The project will increase training square footage by 300% and add a dedicated classroom, computer lab, plumbing lab, HVAC/R lab, and industrial piping lab. Design features include exposed […]
Nemetschek announces Stanford CIFE partnership as Bluebeam outlines AI roadmap
Washington, D.C., October 11, 2025 News Summary At the Bluebeam Unbound conference in Washington, D.C., Nemetschek founder announced a partnership between the Nemetschek Group and Stanford University’s Center for Integrated Facility Engineering (CIFE). Bluebeam, a Nemetschek brand, unveiled an AI roadmap that includes the recent Firmus AI acquisition and plans to integrate AI-REVIEW and AI-MATCH capabilities […]
AMG Building Launches Mobile App for Remote Construction Oversight
Rabat, October 10, 2025 News Summary AMG Building, a Marrakech-based developer, has launched a mobile application that lets clients follow and approve construction projects remotely. The app centralizes communications and documentation to enable milestone tracking, document approvals, photo and media viewing, and direct messaging with project managers. Designed for local and international buyers in Europe, North […]
ConCntric raises $10 million Series A to expand agentic AI and scale preconstruction platform
San Francisco, California, October 10, 2025 News Summary ConCntric, a San Francisco–based AI-powered preconstruction platform, secured a $10 million Series A led by 53 Stations with participation from Argonautic Ventures. The funding will deepen the company’s agentic AI capabilities, expand product and engineering teams, and scale customer success, sales, and marketing. ConCntric’s platform, built to manage […]
RapidWorks Appoints New President After CRO Software Acquisition to Enter Waste Management
Boston, October 9, 2025 News Summary RapidWorks has named Matt DePaolis as president following its acquisition of CRO Software, a provider of waste management and recycling technology. The move is designed to expand RapidWorks’ product suite into waste management and scale its field management platform across heavy-equipment service verticals. RapidWorks highlights a combined offering that includes […]
AI strides into construction amid rapid growth and skills shortfalls
Las Vegas, October 9, 2025 News Summary At the Oracle Edge Customer Summit in Las Vegas, a senior Oracle executive framed AI as a practical tool to help construction manage rapid global expansion, address widening workforce gaps and unlock trapped project data. AI-powered predictive analytics, BIM integration, drones and robotic systems are being applied across preconstruction, […]
Nemetschek and WakeCap partner to advance GCC construction technology
GCC, October 9, 2025 News Summary Nemetschek Group has formed a strategic partnership with WakeCap Technologies to accelerate digital transformation across the GCC construction sector. The collaboration combines Nemetschek’s software portfolio with WakeCap’s sensor-powered project-controls platform to pursue joint go-to-market strategies, potential integrations with platforms like Bluebeam, dTwin and GoCanvas, and knowledge exchange. WakeCap’s system, deployed […]