October 2021
Proptech Startup RodRadar Raises $6M Series A Round: Exclusive
RodRadar, an Israel-based construction tech startup that uses sensor technology to help construction crews avoid striking underground utility lines, announced Tuesday that it has raised a $6 million Series A round, led by Brick & Mortar Ventures.
The contech firm will use the financing to complete product engineering and start selling the technology, said Moshe Dalman, CEO and co-founder.
“This infusion of money will enable us to start engaging commercial customers,” said Dalman. “So far we have had all kinds of very early testers and commercial partners dealing with the technology, but now we’re starting to actually take it to market.”
The contech firm will use the financing to complete product engineering and start selling the technology, said Moshe Dalman, CEO and co-founder.
“This infusion of money will enable us to start engaging commercial customers,” said Dalman. “So far we have had all kinds of very early testers and commercial partners dealing with the technology, but now we’re starting to actually take it to market.”