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Infra.Market raised $50M, IBM patents VR architecture

July 2, 2025

Jacobs leads $18B India smart cities, L&T opens Plano center, Desi Machines goes digital, IBM patents VR-3D prints and Infra.Market raises $50M.

Ross Riabchikov

Nina Weidenauer

Infra.Market raised $50M, IBM patents VR architecture

Snapshot

Jacobs leads $18B India smart cities, L&T opens Plano center, Desi Machines goes digital, IBM patents VR-3D prints and Infra.Market raises $50M.

AEC Tech in Action

Jacobs manages $18 billion India smart cities program: Jacobs secured a three-year contract to oversee 12 greenfield smart cities in India featuring AI-driven planning and IoT infrastructure monitoring to attract global manufacturers. (ainvest.com)

New Innovations and Partnerships

Desi Machines launches digital platform for India construction equipment buyers: The platform helps Indian contractors compare equipment specifications, pricing, and financing options. (vocal.com)

IBM patents method for VR-designed 3D printed buildings: IBM has been granted a patent for using virtual reality to design 3D printed buildings, allowing for environment simulation and user-driven design adjustments. (3dprintingindustry.com)

India-based L&T Technology Services launches Plano engineering center: The ITAR-compliant facility features Smart City technology, digital manufacturing tools, and AI-powered platforms for railway inspection and urban infrastructure. (dallasinnovates.com)

Funding Rounds and M&A Activity

Infra.Market raises additional $50 million debt from MARS Growth Capital: MARS Growth Capital invested $50 million in additional debt and extended its existing $100 million facility by five years, marking Infra.Market's second fundraising this year after raising $125 million at a $2.7 billion valuation from Tiger Global, Evolvence, and Foundamental in January. (livemint.com)

Honeywell acquires Li-ion Tamer to enhance fire detection: Honeywell has acquired Li-ion Tamer from Nexceris to improve its fire safety technologies in the Building Automation segment. (prnewswire.com)

Opinions

ChatGPT makes us dumber, live from house factory, vibe designing is here: Foundamental GPs and Bricks & Bytes hosts, along with Altaf Ganihar (CEO of Snaptrude), Aleks Gampel and Danny Lubinitsky from Cuby, discuss the MIT study on AI's impact on critical thinking, live construction demos, and Snaptrude's V3 launch which introduces vibe designing. (bricks-bytes.com)

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