AI Platform Urbint Raises $60M

Aitechpark25 Aug, 2021Technology

The investment will enable Urbint to scale to help infrastructure companies meet growing global challenges from climate risk, aging infrastructure, and increased construction activity. Urbint, the leading AI platform for predicting and stopping threats to critical infrastructure and workers, announced a $60 million Series C investment round led by Energize Ventures, with participation from American Electric Power, OGCI Climate Investments, and existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures. Critical infrastructure companies use Urbint to stop failures, damages, and worker injuries before they happen. With the US passing historic infrastructure spending, this funding round will enable Urbint to scale its technology and introduce new solutions to meet rising demand for the company?s incident prevention software.