ALICE Technologies Raises $30 Million Series B

by Kay Aloha Villamor in June 15th, 2022

Alice Technologies, a Menlo Park, CA-based a leader in Construction technology has announced that it raised a $30 million in series b funding

The round was led by Vanedge Capital. Additional new investors include Bouygues, Gaingels, GRIDS Capital, JLL Spark, and MetaPlanet, which joined the round along with existing investors Future Ventures, Merus Capital, and Rising Tide

This Series B funding round will fuel the aggressive hiring, global growth, continued product innovation, and sales and marketing expansion

Company: ALICE Technologies Inc.

Raised: $30.0M

Round: Series B

Funding Month: June 2022

Lead Investors: Vanedge Capital

Additional Investors: Bouygues, Gaingels, GRIDS Capital, JLL Spark, MetaPlane, Future Ventures, Merus Capital, and Rising Tide

Company Website: https://www.alicetechnologies.com/home

Software Category: Construction Optioneering platform

About the Company: Founded in 2013 based on research from Stanford University, ALICE Technologies is the creator of the world's first construction optioneering platform. ALICE helps large contractors to reduce risk and plan, bid, and build more efficiently. The company works with large general contractors in the infrastructure and commercial construction segments, such as Bouygues, Kajima, and Skanska. Headquartered in the U.S., ALICE also has significant operations in the Czech Republic, the U.K., and India

Source: https://www.prnewswire.com/news-releases/alice-technologies-raises-30m-series-b-funding-round-301565432.html




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