Construction Tech Breaks Into Unicorn Territory...Finally!!

Construction Tech Breaks Into Unicorn Territory...Finally!!

The world of construction technology startups welcomes the birth of its first unicorn: PROCORE. With the infusion of a fresh $50M financing led by Inconiq Capital, Procore Technologies fetches a valuation north of the magical $1B hurdle to "unicorn" status. Click thru here to read more on Forbes.com.

3D Printing Habitats on Mars? Yep. No joke.

3D Printing Habitats on Mars? Yep. No joke.

It sounds like science fiction, but the White House Office of Science and Technology Policy today announced the 2nd phase of NASA's 3D-Printed Habitat Challenge -- a $1.1M prize competition challenging citizen inventors to demonstrate manufacturing capabilities needed to 3D print structural elements on the Moon and Mars.

Brick & Mortar Ventures is honored and excited to help host the challenge in partnership with NASA, Bradley University, Bechtel, and Caterpillar.

Registration for the Phase 2 competition is now open. Team will have until Jan 31, 2017 to sign up, and the final competition and team demonstrations will occur in August 2017 in Peoria, IL at Caterpillar's headquarters.

For more information and registration, check out the NASA challenge page here, and to read the full press release prepared by Caterpillar here.

Fieldwire's new release introduces video capture, an updated in-app camera, batch task management, improved plan view, and spruced up report generation

Fieldwire's new release introduces video capture, an updated in-app camera, batch task management, improved plan view, and spruced up report generation

The Fieldwire team has been busy developing new features to continue to improve its already impressive suite of product features, and its fall update release is chock full of them, including:

  • Capture and Include a video in your tasks or attach it to your plans from any iOS and most Android devices to show your team exactly what you're seeing even easier than before.
  • Better document valuable information with an improved in-app camera feature and more seamless integration with your mobile device's photo library for easy uploading of locally stored images.
  • Manage your tasks in bulk with a new bath task management feature.
  • Navigate plan viewing with greater ease with a cleaner, streamlined interface and easily accessible sheet editing tools.
  • Generate detailed reports showing progression of tasks from every task checklist on your project.

Keep up the great work, Fieldwire. 

For more detailed information on the software update, read Fieldwire's blog post here.

 

Stanford CIFE hosts another great Summer Program for AEC industry giants

Stanford CIFE hosts another great Summer Program for AEC industry giants

Martin Fischer, director of Stanford University's Center for Integrated Facilities Engineering (CIFE), and his team hosted another great 2-day summer conference with speakers and participants representing the thought leaders and titans of the AEC and facilities operations industry. Brick & Mortar Ventures was honored to participate as a speaker alongside an inspiring list of luminaries from the worlds of architecture, design, construction, and facilities management. Click here for the complete 2016 CIFE Summer Program Agenda.

For a more eloquent summary of the conference than we could write, we recommend reading the words of Tom Sawyer, Deputy Editor of Engineering News-Record, in his post "Engineering Research Center Stresses Metrics Over Mouth".

Photo By Tom Sawyer, ENR

"Why Contracts Undermine Subcontractor Protection"

"Why Contracts Undermine Subcontractor Protection"

Scott Wolfe, founder and CEO of Zlien, just wrote a great op ed piece for ENR demystifying some of the nuances of the construction payments process and how, despite protective legislation to help subcontractors get paid for work performed, creative contracts are shifting financial risk down from the general contractors and lenders onto subcontractors.

For the full story on ENR, click here.

New York Times: "Veterans Use Battlefield Experiences to Build Businesses"

New York Times: "Veterans Use Battlefield Experiences to Build Businesses"

"After years of operating within a regimented chain of command, many veterans are ready to become their own bosses. Many would-be business owners are finding that the skills and experiences honed in the military are directly translating into start-up ideas."

Read the full article here on the NY Times website.

Brick & Mortar Gets A New Office

Brick & Mortar Gets A New Office

With special thanks to the Design Blitz SF team of architects and designers, Brick & Mortar Ventures now has a new home in the Soma neighborhood of San Francisco on historic South Park. Photo credit to Michael David Ross. Check out Blitz' page for the full story here.

"PlanGrid Lands $40 Million Investment To Expand Product"

"PlanGrid Lands $40 Million Investment To Expand Product"

"PlanGrid, the company that digitized the construction industry, announced today that it has landed a $40 million investment.

Tenaya Capital led the round. Additional investors include Sequoia, Founders Fund, YC Continuity and Northgate. Today’s investment brings the total to over $58 million.

PlanGrid CEO Tracy Young says they took the money, even though most of the Series A..."