$3.75M raised by Woodchuck, Volvo–Daimler joint venture

Snapshot

Volvo and Daimler launch joint venture, Cync's new platform and $3.75M round closed by Woodchuck.

New Innovations and Partnerships

Volvo and Daimler launch joint venture for truck software platform: Volvo Group and Daimler Truck have established Coretura AB, focusing on a shared software platform for commercial vehicles. (forconstructionpros.com)

Cync Software launches construction loan administration platform: Cync Software introduces its Construction Loan Administration platform to enhance budget oversight and draw management for financial institutions. (prweb.com)

Funding Rounds and M&A Activity

Woodchuck: Woodchuck announces $3.75 million in seed funding to advance waste-to-energy solutions for construction and manufacturing sectors. (businesswire.com)

Policy & Regulation Updates

EU

EU sets guidelines for building sector energy efficiency: The Commission outlines support for EU countries to implement energy efficiency measures by transposing the Energy Performance of Buildings Directive into national law by May 2026. (europa.eu)