In this Research Note, we take a look at Suffolk Technologies, the corporate venture capital arm of Suffolk Construction, which recently closed a $110 million inaugural venture capital fund for “Built World Technology Innovations.” The fund will invest in early-to-growth stage companies across construction technology (ConTech) and property technology (PropTech) spaces, with a focus on those creating solutions for a safer, more sustainable, and more efficient built environment. “Construction and real estate continue to lag behind other industries when it comes to innovation and the use of technology and data. The time is ripe for disruption and Suffolk is committed to playing a leadership role in our industry’s transformation,” said John Fish, Chairman and CEO of Suffolk. “By raising money for this fund, investing in visionary entrepreneurs and startups in the construction technology space, and allowing for the testing and development of exciting new tech solutions on Suffolk job sites throughout the country, we are […]