Trestle, construction industry’s vendor risk management platform, raises $2.3mn

Trestle, the construction industry’s only subcontractor and supplier data centralization and performance management solution, has secured $2.3M in pre-seed funding led by Lerer Hippeau with additional participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures. “Developed by a team with over 15 years of construction experience, Trestle is uniquely…

Volvo Group invests in Zacua Ventures, a global fund for green construction tech

Volvo Group Venture Capital AB has joined Zacua Ventures Builders Fund I, L.P., a global venture capital fund that supports early-stage technology start-ups in the construction industry. The fund focuses on emerging technologies that can reduce carbon emissions and improve efficiency in the sector. Zacua Ventures was founded in 2022 and operates in North America,…

Spartan Composites acquires FODS

Spartan Composites, LLC, a leading manufacturer of advanced composite access mats, has acquired the strategic assets of FODS, LLC, a Colorado-based company that offers patented and innovative trackout control systems for the construction industry. The acquisition aims to combine the strengths of both companies, expand their product portfolio and market reach, and create cutting-edge solutions…