6 contech startups snare a collective $101M

Startups that assist contractors decarbonize buildings, handle their workforces and make jobsites safer have been among the companies that benefitted from recent infusions of investor funding within the second quarter of 2025. 

Listed here are six startups that caught traders’ eyes and raised capital for his or her companies.

Wakecap

$28 million

Dubai, United Arab Emirates-based WakeCap, a venture intelligence software program that makes use of sensors to trace building and security progress, raised $28 million in a Series A funding round, the agency introduced on Might 13. 

By way of a sensor that attaches to a building laborious hat, WakeCap’s tech picks up information across the jobsite, which is uploaded by its community and onto the platform, based on the corporate’s web site. The corporate mentioned it supplies data associated to employee entry and gear utilization in addition to security alerts and progress monitoring. Customers report a 91% discount in questions of safety, a 25% productiveness achieve and 70% sooner incident response occasions, based on the information launch.

The brand new capital might be used to scale WakeCap’s presence throughout present and new markets, deepen its product capabilities, develop its staff and develop integrations with key {industry} platforms, based on the information launch.

Miter

$23 million

San Francisco-based Miter, which provides cloud-based area operations and expense administration options, introduced a recent $23 million Series B funding round led by present traders Bessemer Enterprise Companions and Coatue Administration, based on a Might 19 information launch. The spherical brings its whole funding to $38 million.

Miter helps contractors modernize their back-office and area operations by connecting human sources, finance and operations into one platform, based on the information launch. The corporate says it usually replaces desktop-based purposes or industry-agnostic software program. 

A number of the platform’s capabilities embrace instruments to assist with job costing, payroll compliance, worker onboarding, time-tracking, expense administration and advantages administration. The agency wrote that builders leveraging the platform save between 20 to 40 hours per week on payroll processing alone.

Converge

$22 million

U.Okay.-based Converge, a man-made intelligence-powered concrete administration and decarbonization tech agency, completed a $22 million investment round, based on a Might 21 information launch.

The startup’s flagship platform, ConcreteDNA, provides a collection of options for generative and predictive AI combine insights, real-time concrete monitoring and information administration, based on the information launch. The providing helps builders make sooner, data-driven selections, cut back embodied carbon and reduce useful resource waste, the corporate mentioned.

With the funding, Converge plans to speed up its business growth and the event of ConcreteDNA.

Exterra

$14.5 million

Montreal-based Exterra, a startup that turns mining waste into sustainable constructing supplies, announced a 20 million Canadian dollar ($14.5 million) funding spherical on Might 6. 

Exterra’s providing is available in two segments — utilizing its expertise, one course of can take waste and produce low-carbon metallic oxides alongside different by-products, and one other mineralizes carbon dioxide in a single step with out the necessity for carbon seize. It additionally makes use of Quebec’s low-carbon hydroelectric grid to generate high-demand co-products, which embrace amorphous silica used for low-carbon constructing supplies.

Exterra’s commercialization technique facilities on its upcoming asbestos mitigation Hub I venture, scheduled to start building in 2027 in Quebec, based on the discharge. The corporate mentioned it’ll develop into the world’s largest asbestos mitigation plant, with an annual capability to course of over 300,000 tons of asbestos mine tailings yearly.