RBVC has re-upped its commitment to the construction data platform developer having also backed its series A and seed rounds in the past two years.

US-based construction technology developer Versatile closed a $80m series B round yesterday featuring Robert Bosch Venture Capital (RBVC), the corporate venturing vehicle for industrial technology group Bosch.

Conductive Ventures, a growth equity firm backed by electronics producer Panasonic, also took part in the round, which was co-led by Insight Partners and Tiger Global Management.

Entrée Capital, Root Ventures and construction technology-focused entrepreneurs Leigh Jasper and Rob Philpot filled out the participants in the round.

Founded in 2016, Versatile has built…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.