Fundz

CLT Toolbox raises $1 million in bridge funding round to expand mass timber design software

PRIVATEMay 21, 2024

Amount Raised

$1 Million

Round Type

Seed

MelbourneConstructionBuilding Material

Investors

Harrison RoseEcotone VenturesAdrian HondrosArchangel VenturesGiant Leap

Description

Melbourne-based startup CLT Toolbox has raised $1 million in a bridge funding round to expand its mass timber design software, less than 12 months after it raised an initial $1.5 million seed round in October 2023. The funding will be used primarily to support CLT Toolbox’s expansion into the European and US markets and bolster the company’s efforts to make mass timber a mainstream material in construction projects worldwide.

Quick answer

CLT Toolbox raised $1 Million in a Seed round, dated May 21, 2024. Investors: Harrison Rose, Ecotone Ventures, Adrian Hondros, Archangel Ventures and Giant Leap. CLT Toolbox is based in Melbourne, Victoria, Australia.

How much did CLT Toolbox raise?
CLT Toolbox raised $1 Million in a Seed round on May 21, 2024.
Who invested in CLT Toolbox?
Harrison Rose, Ecotone Ventures, Adrian Hondros, Archangel Ventures and Giant Leap are named as investors in this round.
What does CLT Toolbox do?
CLT Toolbox is a software company building structural design software for structural engineers, looking to design sustainably.
Where is CLT Toolbox based and how big is it?
CLT Toolbox is based in Melbourne, Victoria, Australia.
Who are the decision-makers at CLT Toolbox?
Fundz holds 1 contact at CLT Toolbox. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Construction and Building Material around the same time

Companies in the same sectors as CLT Toolbox that raised within 45 days of this round, from Fundz verified event records.

  • Hella Infra Market raised $50M (Funding Round) on May 28, 2024.
  • Upholstery2u raised $1.5M (Seed) on May 2, 2024.
  • Buildforce raised $2M (Seed) on April 22, 2024.
  • Cambridge Electric Cement raised $2.9M (Seed) on July 4, 2024.
  • ObraLink raised $1.9M (Pre-Series A) on July 2, 2024.
  • Leasi raised $1.2M (Pre-Seed) on July 1, 2024.

Who to call at CLT Toolbox, and when

A new round usually means CLT Toolbox is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

CLT Toolbox

Location

Melbourne, Victoria, Australia

About

CLT Toolbox is a software company building structural design software for structural engineers, looking to design sustainably. The software aspires to make mass timber, easier to design with than concrete or steel by eliminating the bottlenecks and barriers to adoption.

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Related People

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CLT Toolbox raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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