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Bulk Exchange raises $4.5M to help construction companies source bulk materials

Ycombinator

Ycombinator · 2y ago

Bulk Exchange raises $4.5M to help construction companies source bulk materials

Construction marketplace startup, Bulk Exchange, has raised $4.5 million in seed funding primarily from industry professionals. The platform aims to simplify the process of buying and disposing of construction materials by connecting suppliers, dumpsites, contractors, and estimators. Estimators can quickly source input material costs for projects, while Bulk Exchange facilitates transactions between buyers and sellers. The company plans to charge for its services using a software-as-a-service (SaaS) model and may explore opportunities to sell access to data generated by its platform in the future.

Related News

Celadyne Raises $4.5M in Seed Funding

Finsmes · 1y ago

Celadyne Raises $4.5M in Seed Funding

Chicago-based decarbonization and hydrogen solution company, Celadyne, has secured $4.5 million in Seed funding. Led by Maniv and Dynamo Ventures, with EPS Ventures also participating, the funds will be used to expand the team, which includes engineers from various backgrounds, and support the development of its materials technology. Celadyne offers advanced technologies and materials to fuel cell and utility companies, making hydrogen production and usage more efficient across heavy-duty industries. The company is set to double its customer base by the end of the year.

20-yr-old from AP launches platform for construction procurement

Inshorts · 10m ago

20-yr-old from AP launches platform for construction procurement

Pradeep Devarakonda, a twenty-year-old hailing from Guntur in Andhra Pradesh, has founded Krupa Corp. It is a construction solution startup that aims to streamline the procurement of construction materials for builders and infrastructure companies. Currently only offering steel, Pradeep has plans to scale to more construction materials soon.

ArisInfra Solutions sets IPO price band at Rs 210-222 per share for Rs 500 crore offering

IndianStartupNews

IndianStartupNews · 7m ago

ArisInfra Solutions sets IPO price band at Rs 210-222 per share for Rs 500 crore offering

ArisInfra Solutions, a Mumbai-based B2B startup, has set its IPO price band at Rs 210-222 per share, aiming to raise Rs 500 crore. The IPO will run from June 18 to June 20, with shares listing on June 25. The funds will primarily support the company's working capital, technology upgrades, and geographic expansion. Founded in 2021, ArisInfra targets the construction sector, offering a digital platform for procurement and supply chain management of bulk construction materials.

MatBook raises $750K in pre-seed round

Entrackr

Entrackr · 9m ago

MatBook raises $750K in pre-seed round

Construction tech startup MatBook has raised $750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures. Angel investors affiliated with Autodesk and Amazon also participated. The proceeds will be used to improve its technology, expand its presence in the U.S., and grow its team across sales, technology, and operations. MatBook also plans to enhance its AI tools for pricing predictions, lead-time optimization, and supplier recommendations. Founded by Harsh Badera, Nasir Hussain, Raghav Malhotra, and Shubham Sharma, the company focuses on creating a direct connection between buyers and manufacturers. MatBook’s platform includes a quality control system and integrated logistics, aiming to reduce costs and delays. MatBook provides an AI-powered platform that enables U.S. contractors and distributors to source construction materials directly from vetted manufacturers. The company aims to address supply chain issues in the U.S. construction industry by streamlining procurement, shipping, quality checks, and financing. The company plans to introduce credit solutions and expand its network of manufacturers. MatBook also offers Environmental Product Declarations for buyers interested in meeting green building requirements. In the construction marketplace, MatBook competes with BRKZ, OfBusiness, Moglix, and Infra.Market, among others.

Ascend Elements Raises Additional $162M in Funding

Finsmes · 1y ago

Ascend Elements Raises Additional $162M in Funding

Westborough-based company Ascend Elements has raised an additional $162 million in funding to support the construction of its Apex 1 EV battery materials manufacturing facility in Kentucky. The round was led by Just Climate, Clearvision Ventures, and IRONGREY, and brings the total amount raised by the company to $704 million. Ascend Elements is focused on producing sustainable lithium-ion battery materials through EV battery recycling and commercial-scale production of battery precursor and cathode active materials. Its proprietary technology allows for more efficient and cost-effective production methods with reduced greenhouse gas emissions.

Construction-tech startup HandyPanda raises Rs 2 Cr led by AJVC

Entrackr

Entrackr · 17d ago

Construction-tech startup HandyPanda raises Rs 2 Cr led by AJVC

Construction-tech startup HandyPanda has raised Rs 2 crore in a pre-seed funding round led by early-stage venture capital firm AJVC, with participation from angel investors including Sankalp Kathuria (Co-Founder & CEO, Broadway) and building materials family office heads. The proceeds from the round will be used to build teams and strengthen systems across product, operations, and supply. HandyPanda is focused on reimagining the consumer experience for building materials by addressing challenges such as delays caused by fragmented supply chains, limited price transparency, and concerns around product authenticity. Founded by three IIT Delhi batchmates Abhishek Rao, Shaurya Goel, and Shaurya Jindal, the startup believes India’s home renovation and construction market is at an inflection point, driven by evolving consumer expectations and a rapidly organizing supplier ecosystem. According to its website, HandyPanda lists construction and renovation materials across categories such as electricals, bathware & plumbing, hardware, and paints with products sourced from manufacturers or authorized dealers. HandyPanda launched operations in September 2025 and is close to achieving Rs 1 crore in annual recurring revenue (ARR), measured on a GMV basis. AJVC is a SEBI-registered pre-seed venture capital fund and has backed multiple early-stage startups across consumer, fintech, enterprise, and manufacturing-focused segments. Its portfolio includes companies such as Multibagg AI, Nuyug, Mithila Foods, Jaagruk Bharat, TruFides AI, Chop Finance, Gaadi Mech, and Iztri.

Atlas Secures $4.5M Grant

Finsmes · 1y ago

Atlas Secures $4.5M Grant

Atlas, a Vienna-based genAI and 3D asset creation company, has received a $4.5 million grant from The Austrian Research Promotion Agency (FFG). The company plans to use the funding to enhance its R&D efforts and collaborate with game developers and brands to improve gaming experiences. Atlas offers a suite of AI products that help create custom assets for video games, virtual ecosystems, and XR experiences. The funds will be disbursed over three years based on milestone achievements. This grant follows previous funding received by Atlas for developing AI technology aligned with the European Union’s High-Level Expert Group on Trustworthy AI in 2020.

HomeRun Raises Rs 9 crore seed round led by Titan Capital, Sparrow Capital

Economic Times

Economic Times · 2m ago

HomeRun Raises Rs 9 crore seed round led by Titan Capital, Sparrow Capital

HomeRun, a platform providing quick delivery of construction and interior materials, has raised Rs 9 crore in seed funding led by Titan Capital and Sparrow Capital. The service promises deliveries within 60 minutes, utilizing strategically located dark stores and an all-electric fleet. Investors, including notable individuals and firms, are impressed by HomeRun's operational efficiency and potential to redefine retail infrastructure for building materials in India, addressing longstanding market issues with speed and transparency.

BRKZ raises $8M to expand construction tech solutions across Saudi Arabia

IndianStartupNews

IndianStartupNews · 1y ago

BRKZ raises $8M to expand construction tech solutions across Saudi Arabia

Saudi Arabian construction technology startup BRKZ has secured $8m in a Series A funding round co-led by 9900 and BECO Capital. The firm aims to use the funds to expand its procurement solutions across Saudi Arabia and internationally, streamlining the construction industry's procurement processes. BRKZ's platform provides access to a wide range of suppliers and materials, offering tailored delivery and payment options. The investment will also be used to deepen market penetration, enhance product offerings, and extend the company's reach beyond Saudi Arabia.

Birla Pivot clocks revenue of more than ₹1,000 crore in a year

Livemint

Livemint · 1y ago

Birla Pivot clocks revenue of more than ₹1,000 crore in a year

Aditya Birla Group's B2B e-commerce platform for construction materials, Birla Pivot, has achieved a revenue of over ₹1,000 crore within a year. The platform aims to reach $1 billion in revenue over the next three years. With over 18,000 stock-keeping units sourced from 150 Indian and international brands, Birla Pivot serves customers in the construction industry, including EPC companies, contractors, real estate developers, and manufacturers. Its goal is to leverage technology to create smarter and more efficient solutions in the industry.

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