Funding Cascade Raised $3.5M to Find the Projects Firms Never Knew They Lost The New York startup reads bond filings, permits and capital plans to flag construction work months before it goes out to bid. a16z Speedrun led the seed round. The bet is that business development is the least instrumented function in a firm that instruments everything else. Hugo Pegley · Aug 3, 2026
M&A AECOM Pays $390 Million for an AI That Claims to Automate 90% of Engineering Work The $390 million acquisition of Norwegian AI startup Consigli is the largest AI deal in AEC history — and the first time a major engineering services firm has bought a software startup rather than waiting for someone else to. The industry is still processing what it means. Hugo Pegley · Jun 12, 2026
