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The company, which provides a platform to monitor sites for water issues and other risks, said it will use the funds to further develop its product, add staff and grow sales domestically and abroad. (The Logic)
Talking point: Brickeye said it also plans to expand into health-care and data-centre facility construction. Its tech has been used on more than 3,000 construction projects, according to the company, in more than 20 countries. GreenSky Ventures, Brightspark Ventures, Export Development Canada, Beauchamp Construction and a building materials supplier led the Series B round. Brickeye has raised $9.33 million prior to this, according to PitchBook.
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