Construction tech startup Novade completes Series B funding

Source: The Business Times © Singapore Press Holdings Limited.

Excerpt:

CONSTRUCTION tech startup Novade has completed its Series B funding with lead investors SIG and Vulcan Capital, the company announced on Wednesday.

SIG is a global quantitative trading and investment firm headquartered in Pennsylvania in the US. Meanwhile, US-based Vulcan Capital is the investment house of late Microsoft Corp co-founder Paul Allen.

Also participating in this round of funding is Wavemaker Partners, which led Novade’s Series A round 16 months ago with Enterprise Singapore.

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About Novade

Novade has a team of digital specialists dedicated to supporting clients in their digital transformation from the ground up. With global experience on a wide range of construction projects and processes, the team will be able to quickly adapt to your needs from specification through to delivery and on-site support.