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Nuqlea, a Buenos Aires, Argentina-based provider of a B2B digital platform for the construction industry, has raised $750K in Seed extension funding.
The round, which brings the total funding amount to $4M, was led by Foundamental. Foundamental joined previous investors Newtopia VC, former NBA player Emanuel Ginobili, MatĂas Woloski, co-founder of Auth0, and others.
The company plans to utilize the funds to further expand its operations in Argentina while also laying the groundwork for international expansion.
Founded by Gaston Remy (CEO), Pablo Silveri (CFO), and Ines Cura (COO), Nuqlea serves the construction industry ecosystem in Argentina with its B2B marketplace. Through its AI-powered Studio, Nuqlea connects builders, manufacturers, financial entities, logistics firms, and more, enabling the management of entire construction projects. Stakeholders across the value chain can securely share quotes, purchase orders, and invoices. Additionally, Nuqlea collaborates with shipping companies to optimize order delivery and provides transparent tracking and traceability. Its partnerships with finance providers allow Nuqlea members to access credit and funds as needed.
Since its launch, the company has onboarded over 50 construction companies and cooperatives.
Commenting on the news, Gaston Remy said: “This extension is as much about partnering with one of the most forward-thinking VCs in this space, in Foundamental, as it is about the funding. It’s a testament to the work and focus of our team, as well as our dedication to making the construction sector in Argentina and beyond more transparent, efficient and inclusive for all.”
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By Proptechbuzz
By Ravi Kumar
