C.Scale raises $2M pre-seed, E-3 Tech acquires Egan Mechanica

Snapshot

Adani partners with Autodesk for BIM services, CMiC launches AI-powered ERP NEXUS, C.Scale raises $2M for low-carbon materials platform.

New Innovations and Partnerships

Adani Group partners with Autodesk to enhance infrastructure projects: Adani Group announces a three-year partnership with Autodesk to utilize its Construction Cloud and BIM services for improved efficiency across infrastructure projects. (economictimes.com)

Bentley Systems launches Substation for grid management: Bentley Systems introduces OpenUtilities Substation, a software for enhancing aging grid management with AI, real-time collaboration, and intelligent modeling. (construction-property.com)

CMiC launches AI-powered construction ERP NEXUS: CMiC has launched NEXUS, the first AI-powered construction ERP platform, featuring over 25 intelligent AI agents to streamline workflows and automate tasks. (manilatimes.net)

Funding Rounds and M&A Activity

C.Scale: C.Scale has announced $2 million in pre-seed funding to develop an AI-driven platform for sourcing low-carbon building materials. (pulse2.com)

E-3 Tech acquires Egan Mechanica: E-3 Tech's Sylvan platform, backed by Andreessen Horowitz, acquires 100-year-old Andy J. Egan Co. to build a $1B+ multi-trade construction services group. (accessnewswire.com)

Opinions

India's electrical goods distribution network faces digital restructuring: Foundamental's Fabio Bronzin outlines how a distributed warehousing model could collapse India's fragmented $33-49 billion electrical goods supply chain by replacing multiple intermediaries with tech-enabled inventory hubs and embedded credit for underserved retailers. (linkedin.com)

Study shows project management software boosts construction efficiency: Dodge Construction Network reports that optimized users of project management software see significant increases in profitability, productivity, and efficiency. (financialcontent.com)