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Thread announces $15M in funding to transform infrastructure

Thread announced that it closed a Series A funding round in the amount of $15M. This new round of funding accelerates Thread s horizontal expansion across asset types and enables the company to continue developing its UNITI platform.

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Thread Announces $15M in Series A Funding to Digitally Transform the World s Aging Infrastructure

The funding will be used to enhance the company s asset-agnostic autonomous inspection capabilities, modernizing the utilities industry via real-t.

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It s now called HIVE and the city-owned building is heading toward completion in downtown Grand Forks

Maggie Brockling, a senior community development planner who is also part of the team working on the program, said the HIVE will serve as a central hub for UAS and autonomous tech startups in Grand Forks, offering programming and support services for those companies.

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Top legislative priorities for 2023 approved by Grand Forks City Council - Grand Forks Herald | Grand Forks, East Grand Forks news, weather & sports

Among the priorities on the list are infrastructure and transportation funding, water project support and public safety.

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THREAD TO RECEIVE MORE THAN $15 MILLION IN SERIES A FUNDING

THREAD TO RECEIVE MORE THAN $15 MILLION IN SERIES A FUNDING
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