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Thai construction tech firm raises series B+ round, plans for IPO in 2022
Builk One Group, a Thailand-based construction tech company, has raised an undisclosed sum from three new investors as it aims to go public next year.
More funding details
- Investors: Infrastructure firm SCG, venture capital firm Krungsri Finnovate, and BCH Ventures, the investment arm of digital service provider Benchachinda Group
- Stage: Series B+
More company updates
- The investment will help Bulik One Group to make improvements such as developing its suite of software services for the construction and real estate industries, and expanding to a secured cloud infrastructure.
- The investment is part of a series B extension round. The company had received the first tranche of the series B round funding five months ago from Beacon VC, the venture arm of Kasikorn Bank, and other investors.
- Founded in 2005, Builk One Group helps companies in Thailand and the ASEAN region leverage digital tools related to the construction space. The startup says that its ecommerce unit has onboarded 40,000 businesses to date.
For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.
Editing by Collin Furtado and Eileen C. Ang
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