Despite the hype, construction tech will be hard to disrupt

David Ward Contributor Share on Twitter David Ward is a 30-year tech industry veteran, entrepreneur and the CEO and founder of Safe Site Check In. From the outside looking in, the construction industry appears ripe for tech innovation. The industry represents 6.3% of...

SoftBank-backed construction giant Katerra said to be shutting down after raising billions

After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than 8,000 employees...

After burning through $2 billion, Katerra gets a $200 million SoftBank lifeline to escape bankruptcy

SoftBank Group is reportedly investing $200 million to bail out Katerra, a startup that had hoped to remake the construction industry with a vertically integrated approach, according to a report in The Wall Street Journal. Katerra’s shareholders reportedly...