QXO, Inc., a rising leader in construction materials distribution, announced an additional $620 million in private placement financing, bringing the company's war chest to a staggering $5 billion.

Roofing innovation: NanoTech Inc, a material science company pioneering a category of climate-resilient materials that enable environmental responsibility without sacrificing financial return, brings on multiple investors in an oversubscribed funding round to combat peak heat in the last weeks of summer.  

The research will benefit the roofing industry since the waste management process will treat products containing polymers found in building materials.

Funding requests must go toward research, educational initiatives and technical programs that address current issues and work to better the roofing industry.

The capital will be used to enhance HOVER's 3D data platform and expand its e-commerce efforts.

In 2020, the Roofing Alliance funded a total of $272,253 in project funding to bolster research, educational initiatives and technical programs addressing the roofing industry.