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)

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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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...