Balfour Beatty pumps £10m into venture capital tech fund

Balfour Beatty is investing £10m into a venture capital fund focused on technologies transforming the built environment.
The contractor hopes the deal will “strengthen Balfour Beatty’s access to emerging technologies that could improve productivity, delivery certainty, safety and performance across major infrastructure projects.
The money will go into Pi Labs’ Fund IV focused on early-stage companies developing solutions across areas including artificial intelligence, dat