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Singularity Energy raises $4.5 million seed round to decarbonize the grid

Singularity Energy, a SaaS platform that reports on carbon emissions for the electricity grid, has closed a $4.5 million seed round led by Spero Ventures and Energy Impact Partners and joined by existing investors, including Third Sphere and J Ventures.  Singularity, based in Somerville, Massachusetts, provides detailed information about the carbon intensity on the grid at any given moment. It also uses machine learning to predict...

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Joby Aviation acquires Avionyx to accelerate aerospace software certification

Joby Aviation, a California-based company developing electric vertical takeoff and landing vehicles (eVTOL) for commercial passenger service, announced the acquisition of Avionyx, an aerospace software engineering firm, on the TechCrunch Sessions: Mobility stage on Wednesday. The companies did not disclose the terms of the deal, but Joby said that Avionyx will become a wholly-owned subsidiary with resources to expand its team. It also...

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Investors discuss how labor shortage is shaking up the construction tech stack

Construction as an industry has evolved with civilization through the ages. But today, it’s one of the few industries that has one foot firmly planted in the past, even as the other tries to step into the future. Construction’s digital transformation journey is only just beginning, and the sector offers a ton of space for innovation. To get a clear picture of where construction tech stands today, we spoke with five active investors...