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Engineering Tech

Bentley Systems | February 01, 2022

Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, announced the completion of its acquisition of Power Line Systems—a leader in software for the design of overhead electric power transmission lines and their structures—from private equity firm TA Associates for approximately $700 million in cash (for a debt free business and subject to final working capital adjustments). When announcing its full year 2021 operating resu...

The Guardian | July 17, 2020

“We don’t have a car or a bit of a train hanging from the ceiling in our department,” says Dr Claire Lucas, director of studies for systems and biomedical engineering at the University of Warwick. “We’re making face masks at the minute, and we’ve got other humanitarian engineering, such as a shaking bridge that helps us with earthquake modelling. It helps visiting prospective students rethink what engineering really is.” That rethink is ne...

West of England Combined Authority | February 13, 2020

A £5m funding grant from the West of England Combined Authority has been doubled by industry and awarded to a research, innovation and skills initiative, to accelerate digital engineering across multiple sectors and boost STEM awareness in less affluent parts of the country. The new Centre for Digital Engineering Technology & Innovation was awarded a combined £10m by WECA and businesses in the West of England, to support the region’s Local Industrial Strategy and the develo...

Construction

ConWize | June 21, 2022

ConWize, the construction tendering software company, announced it had raised $2.8 million in a seed round led by Ariel Maislos. Other investors include Pi Labs, Europe's first and most active Proptech VC, and angel investors Liad Agmon and Meir Gabay. Today, most construction companies, subcontractors, and suppliers in the construction industry still manage tenders manually, making the bidding process time-consuming, expensive, and prone to mistakes. With 15 years of experien...