Zacua Ventures Closes $56 Million Fund to Invest in the Next Generation of Construction Technology
Zacua Ventures , a global venture capital fund focused on early-stage technology for the construction industry, today announced the close of its inaugural fund.
- Zacua Ventures , a global venture capital fund focused on early-stage technology for the construction industry, today announced the close of its inaugural fund.
- In conjunction with the fund close, Zacua also announced that it recently led a $9-million seed round for data infrastructure startup Flexnode .
- Participants in the fund include Procore, the leading global provider of construction management software, Volvo, a manufacturer of trucks, buses and construction equipment, and sustainable construction materials company Cemex.
- Due to strong investor interest, Zacua’s fund, which was initially targeting $50 million, surpassed its initial fundraising target by more than 10%.