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Washington, D.C. Morning Brief Washington DC

Washington, D.C. Morning Brief

January 25, 2018 Bisnow

SoftBank-Led Fund Invests $865M In

Construction Tech Startup Katerra

SoftBank Group led a Series D investment of $865M for Menlo Park-based Katerra Inc., bringing the construction technology startup’s valuation to over $3B. Katerra brings technology to the job site to help decrease costs and address the skilled labor shortage. It plans to put the funding toward continued manufacturing expansion and additional R&D.

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