Kewazo: Raises $5M in Series A Funding

Kewazo Raises $5M in Series A Funding

  • Kewazo, a Munich, Germany-based construction technology company, raised $5M in Series A funding
  • The round was led by True Ventures with participation from MIG AG
  • The company intends to use the funds to expand operations and its business reach
  • Led by Artem Kuchukov, CEO, the company digitizes construction with robotics and data analytics
  • The company integrates robotics platform LIFTBOT on-site to enable further digital services
  • The first batch of LIFTBOTs has been delivered to key customers in the EU markets
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...

Citi and HSBC Invest in Trading Tech Player Adaptive, Boosting Innovation

This investment aims to enhance financial trading technology solutions.Highlights: Citi and HSBC jointly invest in trading tech company...