MONOGRAPH ANNOUNCES $7.4 MILLION ROUND TO EXPAND ENGINEERING & DESIGN TEAMS
The investment paves an influential future for the design industry’s leading practice operations platform JUNE, 2021 — Monograph, a practice operations platform for design professionals, today announced a $7.4 million Series A round of funding led by Index Ventures with continued participation from existing investors Homebrew, Parade Ventures, Designer Fund, and several angel investors. Monograph is the most robust industry-specific platform that empowers AEC professionals to better ser...
eMobility software startup eMabler raises €630,000 in funding
Finnish API platform company eMabler gets backing from Sofokus Ventures and Nidoco AB to simplify and streamline fragmented electric vehicle charging ecosystems HELSINKI, Finland (June 1st, 2021) Helsinki-based eMobility API platform eMabler has raised €630,000 in funding led by Sofokus Ventures, Nidoco AB, several angel investors, and funding from Business Finland. The company will use the funding to continue developing and commercializing its software, and further drive growth in the Nordics...
FHWA Provides $5.6 Million to Accelerate Innovative Highway Projects in Seven States
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Highway Administration (FHWA) today announced more than $5.6 million in Accelerated Innovation Deployment (AID) Demonstration program grants to help seven states make the most of limited resources. The program allows states to bring projects to fruition in a more cost-effective way by using innovative practices. Alabama, Arizona, Michigan, New Hampshire, Rhode Island, South Dakota and Utah will receive funds in this round of aw...
U.S. Department of Transportation Announces $10 Million Funding Opportunity for Tribal Transit Projects Nationwide
WASHINGTON – The U.S. Department of Transportation's Federal Transit Administration (FTA) today announced the availability of $10 million in Fiscal Year 2021 competitive grant funding to support transit services for American Indian Tribes and Alaska Native villages in rural areas. "We must ensure that the U.S. government is a true partner to Tribal Nations," said U.S. Transportation Secretary Pete Buttigieg. "Supporting reliable and affordable public transit on Tribal lands is one important...
Governor Laura Kelly Announces $42 Million Investment to Support 30 Transportation Projects Statewide
Governor Laura Kelly and Transportation Secretary Julie Lorenz today announced that more than $42 million will support 30 transportation construction projects across Kansas through an expanded list of recipients of the Kansas Department of Transportation’s Cost Share Program for Spring 2021. Cost Share is a component of the Kelly administration’s 10-year, bipartisan Eisenhower Legacy Transportation Program, or IKE. Cost Share is designed to help both rural and urban areas advance transportati...
Freight Bottlenecks a $42 Billion Hidden Cost On U.S. Economy, Federal Data Shows
WASHINGTON — Freight bottlenecks cost the U.S. economy more than $42 billion in 2019—a hidden tax on the American people that is only likely to increase as the country fully opens, according to a review of Federal Highway Administration (FHWA) data. The American Road & Transportation Builders Association (ARTBA) study, “Throttled: The Economic Costs of Freight Bottlenecks,” also shows that freight shipments suffered almost 660 million hours of delay on the nation’s roadways. “Our examin...
BYD Offers Information Assistance with RAISE Grants
LOS ANGELES, Calif. – The U.S. Secretary of Transportation recently announced that $1 billion will be available through the competitive Rebuilding American Infrastructure with Sustainability and Equity (RAISE) program. BYD stands ready to assist with application information. RAISE, formerly known as BUILD and TIGER, now includes funding opportunities for projects addressing climate change, including energy storage solutions, electric buses and trucks, and the planning and construction of electr...
FAA Awards $898.9 Million in Airport Improvement Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Aviation Administration (FAA) announced the award of more than $898.9 million in infrastructure and safety projects through the FY2021 Airport Improvement Program (AIP). This total includes $113.5 million in American Rescue Plan Act funding to award all grants at a 100-percent federal share. “Investing in our nation’s infrastructure is how our country helped spark an aviation industry that now supports millions of jobs,” said U.S. S...
New Data: 2020 Private Sector Participation in Developing-Country Infrastructure Saw Huge Drop, Stabilizing as Year Ended
Washington — New data from the World Bank shows that private participation in infrastructure (PPI) in developing countries, while taking an historic plunge in the first half of 2020 due to COVID-19, saw a very modest uptick in the second half of the year. The 56 percent drop in PPI in H1 from...
Gov. Pritzker announces $94 million from Rebuild Illinois to revitalize airports
Project proposals to improve the state’s public aviation facilities due June 14 SPRINGFIELD – Gov. JB Pritzker and the Illinois Department of Transportation announced today that $94 million will be made available to improve public airports throughout the state through the historic, bipartisan Rebuild Illinois capital program. As part of a competitive grant process, IDOT will be seeking proposals for the planning, construction, reconstruction, extension, development and improvement of public a...