June Venture Call – SPACs & Later Stage Deals in Built Tech

6/15/21 10am CT.

SPACs have quickly emerged as one of the new favorite ways to take a company public. In addition, talk of new Infrastructure work and the emerging technologies that accompany it has been a hot topic lately, coinciding with the proposed $2 Trillion American Jobs Plan.  As construction technology continues to grow, and as the early players begin to mature many are eyeing later stage and public exits, with SPACs becoming an increasingly attractive option. This call will feature perspectives stakeholders involved in later stage Built Tech exit opportunities.

The construction industry is embracing innovations from software (augmented reality, cloud-tech, etc.) and hardware (drones, IoT, etc.). With the nature of the construction industry fragmented in terms of construction method preferences, regional constraints, and handling jobsite ambiguity, plenty of pain points exist for contractors. Strategic Investing & Corporate Venture is an increasingly important topic as project complexity, duration, and magnitude have increased. Contractors are expected to meet timelines and budgets, paving the way for startups delivering technology to meet the current challenges.

Investors are pouring capital into construction startups as they foresee an industry on the precipice of sweeping changes. Venture investments interface with developers, technologists, and engineers to understand what bottlenecks jobsites face and what innovations exist. Learn more about the current state of venture from BuiltWorlds’ Venture topics so you can see how the playing field is changing and what technology adoption looks like to the bottom line.