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US-based construction-tech startup MatBook raises $750-K from Seedstars, others
San Francisco, CA (USA)-based construction tech startup MatBook has raised USD 750,000 in a pre-seed funding round led by Seedstars International Ventures, Fluent Ventures, and Everywhere Ventures.The proceeds will be used to improve the firm's technology, expand presence in the USA and grow teams across sales, technology, and operations. The firm also plans to enhance its AI tools for pricing predictions, lead-time optimization, and supplier recommendations.Founded in 2023 by Harsh Badera, Nasir Hussain, Raghav Malhotra, and Shubham Sharma, MatBook claims to create a direct connection between buyers and manufacturers. It provides an AI-powered platform that enables U.S. contractors and distributors to source construction materials directly from vetted manufacturers. It aims to address supply chain issues in the US construction industry by streamlining procurement, shipping, quality checks, and financing. It also offers Environmental Product Declarations for buyers interested in meeting green building requirements.
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