Innovation — construction into the future

How contech is taking construction into the future Contech, or construction technology, startups are beginning to change the industry and are making investors take note. According to a recent report by commercial real estate firm JLL, contech firms received $1.05 billion in investment from venture capitalists in the first six months of 2018, 30 per cent up on the total raised in 2017. Could contech boost productivity in construction? Construction companies and investors alike are hoping these startups will help address pressing issues in the industry, especially around the relatively low levels of productivity found throughout the sector. As other industries have seen...