Track3D has raised $10M, Bentley Systems introduces OpenSight AI

Snapshot

China completes 247m AI-powered dam, Bentley launches OpenSight, Track3D raises $10M Series A, Pillar secures €3.2M pre-seed for construction digitization.

AEC Tech in Action

China completes world's tallest dam using artificial intelligence: The Dashixia dam in Xinjiang, standing 247 meters tall, is nearly complete, utilizing AI and advanced technologies for efficiency and safety. (com.pk)

New Innovations and Partnerships

Bentley Systems introduces OpenSight AI for site design: Bentley Systems launches OpenSight, an AI-powered site design tool that enhances civil engineering workflows and reduces project timelines significantly. (masstransitmag.com)

Digital twins enhance moisture transport modeling in building materials: Researchers develop a digital twin model for predicting moisture dynamics in masonry materials, improving design efficiency and material selection for energy-efficient buildings. (azom.com)

Funding Rounds and M&A Activity

Track3D: Track3D has raised $10 million in a Series A round led by Ironspring Ventures and Zacua Ventures to enhance its AI capabilities in construction monitoring. (prnewswire.com)

Distil: Distil has raised $7.7 million in Series A funding to enhance product development and export capabilities in specialty chemicals. (indianstartuptimes.com)

Pillar: Pillar has announced a €3.2 million pre-seed funding round led by French investment fund Emblem, supporting the digitization of construction management. (startupbusiness.it)

Alloy: Alloy, based in Australia, announced its data management solution for robotics firms, raising AUD 4.5 million in pre-seed funding. (techcrunch.com)