Katie Fehrenbacher / Axios:
London-based Converge, which uses sensors and AI to optimize the use of concrete in construction projects, raised a $22M Series A led by Dutch bank ABN Amro — Converge, a concrete sensor and AI startup, has closed $22 million in the second tranche of a Series A round, the company tells Axios.
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Sunday, May 25, 2025
London-based Converge, which uses sensors and AI to optimize the use of concrete in construction projects, raised a $22M Series A led by Dutch bank ABN Amro (Katie Fehrenbacher/Axios)
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)
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