New Haven startup LeanCon has raised $6 million in seed funding to develop AI software that can reduce construction planning time from months to minutes, aiming to tackle inefficiency in the $11 trillion global construction industry.
Downtown Hartford's office market remains challenged, but smaller tenants seeking flexible space are driving a recovery at the Stark Building and other properties offering move-in-ready suites.
Connecticut accounting firms are rapidly adopting artificial intelligence to handle routine tasks like data entry and financial analysis, with industry surveys showing 21% already using the technology and another 53% planning or considering adoption amid pressure to deliver faster insights.
West Hartford developer Matthew Haubrich is proposing a rare 19-house subdivision in East Hartford priced between $400,000 and $500,000, aiming to fill a widening gap as entry-level single-family homes become increasingly scarce in Connecticut's housing market.
New Haven-based Trevi Therapeutics has raised more than $250 million to develop Haduvio, the only drug in development for chronic cough, with the company preparing Phase 3 trials targeting patients with idiopathic pulmonary fibrosis who cough thousands of times daily.
Connecticut solar developers are racing to launch projects before a July 4 federal deadline, with businesses scrambling to qualify for a 30% tax credit set to expire under new rules that are reshaping the state's commercial renewable energy market.
Connecticut's reflexive opposition to development is undermining economic growth, but practical reforms — including better training for volunteer land-use commissioners and clearer approval processes — could help shift the system from obstruction to problem-solving.
Patriot Bank is abandoning traditional community banking to focus on wealthy clients, family offices and fintech firms, part of a strategic overhaul by CEO Steven Sugarman following years of losses and regulatory troubles at the Stamford-based institution.
Kubtec, a Stratford-based medical imaging manufacturer, is buying a 158,888-square-foot former Unilever building in Trumbull for $3.7 million to expand production and manufacturing capacity as demand for its digital X-ray equipment grows.