Infra.Market files IPO papers, Viboo raises €3.3M in seed funding

Snapshot

Infra.Market filed for ₹5,500 crore IPO, Viboo raised €3.3M, Materials Mart secured Rs 10 crore, Circuitry.ai closed seed round. Foam mortar with 25% recycled PET boosts insulation, Gartner predicts autonomous construction by 2026 with AI agents managing bidding and smart contracts automating payments.

New Innovations and Partnerships

Sustainable foam mortar utilizes recycled PET for construction: A study demonstrates foam mortar with up to 25% recycled PET enhances thermal insulation but reduces mechanical strength. (nature.com)

Funding Rounds and M&A Activity

Infra.Market: Tiger Global-backed Infra.Market filed confidentially with Sebi for an IPO valued between ₹4,500–5,500 crore ($507–619M), months after closing a ₹730 crore ($82M) Series G round - positioning the construction materials platform for public markets as India's building supply sector consolidates. (outlookbusiness.com)

Viboo AG: Viboo, a Switzerland-based building automation software company, has raised €3.3 million in seed funding to expand into the German market and enhance its platform. (thesaasnews.com)

Materials Mart: Materials Mart announces a Rs 10 crore seed funding to expand operations and launch in cities including Lucknow and Kanpur. (up18news.com)

Circuitry.ai: Circuitry.ai announces a seed funding round led by DeepWork Capital to enhance its AI-driven construction solutions. (businesswire.com)

Opinions

Autonomous construction business concept gaining traction: Gartner's 2026 forecast identifies machine customers, AI agents, decision intelligence, and programmable money as key enablers of autonomous construction - where digital twins auto-request repairs, smart contracts trigger milestone payments, and AI agents manage bidding and site operations in real time. (connectedworld.com)