Balfour Beatty invests £10 million in Pi Labs to accelerate practical innovation in infrastructure delivery
United Kingdom, July 7 -- Balfour Beatty, the international infrastructure group, announces a £10 million strategic investment in Pi Labs' Fund IV, an early-stage venture capital fund and platform focused on technologies transforming the built environment. The investment will strengthen Balfour Beatty's access to emerging technologies that could improve productivity, delivery certainty, safety and performance across major infrastructure projects. By working with entrepreneurs across the UK, US and Europe at an early stage, the Group will be able to identify relevant innovations sooner, build targeted partnerships and explore how practical technologies can be tested and applied across its construction projects around the world. As inves...
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