New Construction Tech Fund of $56 Million Unveiled by Zacua Ventures
But a new venture capital firm, funded by some heavyweight legacy construction companies, is out to change that.
Zacua Ventures has launched its inaugural $56 million fund targeting early-stage construction technology startups, backed by 19 of the construction sector’s biggest corporations.
Vivin Hegde, Mauricio Tessi Weiss and Juan Nieto started San Francisco-based Zacua in 2022.
Hegde was previously with construction tool maker Hilti Corp, while Tessi Weiss and Nieto were at Cemex Ventures.
Since the launch of its fund, Zacua Ventures has invested in over a dozen startups across the construction technology ecosystem.
