The modular construction company has received $10.5m from Gerdau, which had helped with its business development in an acceleration scheme last year.
Steel producer Gerdau has invested R$60m ($10.5m) in Brazil-based construction technology developer Brasil ao Cubo in return for a 33% stake.
Founded in 2016, Brasil ao Cubo is working on off-site modular construction projects made up of elements that are not built on site, but at an industrial park with greater quality control over processes and materials.
Gerdau has been active in corporate venturing in recent months, having most recently announced an accelerator dubbed Ventures Gerdau under newly formed business…
