Infravision secures $91M series B, WakeCap acquires Trackfy

Snapshot

Heidelberg Materials opened an £8M spoil recycling wash plant in Bristol, WakeCap Technologies acquired worker safety firm Trackfy. Downstream raised $8M in Series A, Adam secured $4.1M seed funding, and Infravision completed a $91 million Series B.

New Innovations and Partnerships

Heidelberg Materials opens UK’s largest spoil recycling wash plant: Heidelberg Materials invested £8 million to launch a wash plant in Bristol that can process 400,000 tonnes of excavated waste annually. (co.uk)

Funding Rounds and M&A Activity

WakeCap acquires Trackfy: WakeCap Technologies expands its global reach by acquiring Trackfy, a Brazilian solution focused on worker safety and operational tracking. (bignewsnetwork.com)

Infravision: The company announces a Series B funding of $91 million led by GIC to enhance power infrastructure construction with aerial robotics. (businesswire.com)

Downstream: Downstream announces $8 million in Series A funding co-led by Brick and Mortar Ventures and Moneta Ventures to enhance its marketplace for construction equipment rentals and services. (newswire.com)

Adam: AI startup Adam has raises $4.1 million in a seed round led by TQ Ventures to enhance its text-to-3D tool and develop a new AI copilot for CAD workflows. (techcrunch.com)

Opinions

Vertical AI built for construction boosts jobsite productivity: BuildPass CEO Matt Perrott argues that vertical AI trained on trade-specific workflows can automate safety reports, forecast project delays, and prioritize punch lists. (forconstructionpros.com)