Irish-based international building materials firm Kingspan is backing covolve, a new Irish accelerator and venture fund, to digitise the construction industry.
Headed up by Kingspan's former Global Marketing Director and Director of Digital, Louise Foody, who takes up the position of Managing Director, covolve hopes to create opportunities within the sector. The venture fund is being launched with an initial €20 million in capital, projecting €100 million in revenues by 2028.