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The Weekly Notable Startup Funding Report: 1/20/24 – AlleyWatch alleywatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alleywatch.com Daily Mail and Mail on Sunday newspapers.
Briq, which has built a platform designed to allow all departments of a construction company to automate financial workflows such as accounts payable and payroll, has raised $8 million in an extension round at a $150 million valuation. The company opted to “wait out the market,” and raise a smaller dollar amount with less dilution at a flat valuation rather than go out and try to raise a Series C, said CEO and co-founder Bassem Hamdy in an interview with TechCrunch. MetaProp, whose managing partner Aaron Block is set to join Briq's board, co-led the round alongside Blackhorn and Eniac. ....
Industry Awaits Its Trillion-Dollar Infrastructure Plan : CEG constructionequipmentguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructionequipmentguide.com Daily Mail and Mail on Sunday newspapers.