Carbon Upcycling closed $26M, Magnesium acquires ABEC and Germany streamlines housing

Snapshot

Fresh from the field — here is what happened in AEC world: Carbon Upcycling secured $26M from Builders Vision to commercialize CO2-enhanced cement technology. Trimble shifted strategic focus toward earthmoving solutions while expanding sales networks to meet interoperability demands. Magnesium Capital acquired UK building automation firm ABEC, and Germany passed legislation streamlining housing construction permits.

New Innovations and Partnerships

Robots build structures using decentralized methods: Researchers at the University of Pennsylvania developed a system where virtual robot swarms construct structures without blueprints, responding to environmental cues. (miragenews.com)

Trimble shifts focus to earthmoving and expands market reach: Trimble emphasizes its strategy to enhance earthmoving solutions and expand its sales network, responding to growing interoperability demands in connected construction. (worldhighways.com)

Enhanced construction modelling capabilities announced: A new suite of tools for construction modelling capabilities was introduced. (constructionmanagement.uk)

Funding Rounds and M&A Activity

Carbon Upcycling Raises $26M to Scale CO2-Enhanced Cement Technology: The Calgary-based company secured funding led by Builders Vision to deploy technology that transforms industrial emissions into cement supplements. (calgary.com)

Magnesium Capital acquires ABEC in building automation: Magnesium Capital announces the acquisition of ABEC, a UK-based building automation specialist. (globallegalchronicle.com)

Policy & Regulation Updates

Europe

Germany passes bill to streamline housing construction processes: The German government has approved a bill aimed at reducing red tape and expediting housing construction permits. (msn.com)