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Brick & Mortar Ventures raises $97 million fund

Brick & Mortar Ventures has raised a $97 million construction technology fund. The total includes $50 million the firm already raised at the end of 2017.

  • Investment focus: The fund will continue to target software and hardware solutions for architecture, engineering, construction, and facilities management.
  • Check size: The venture firm writes $1 to $4 million checks to lead seed and series A rounds in the U.S., Canada, Europe, and Australia, according to Reuters.

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