FYLD closes $41 million round to power AI on megaprojects
London-based, female-founded startup FYLD has raised $41 million to accelerate the global rollout of its AI-driven platform for large-scale infrastructure and construction megaprojects. The fresh capital will be used to deepen product capabilities, expand into new regions and strengthen partnerships with major utilities and engineering groups.
AI platform built for high-risk field operations
FYLD focuses on some of the most complex and hazardous environments in the built world: utility networks, transport systems and industrial sites where thousands of field workers operate daily. Its platform combines computer vision, predictive analytics and real-time operational data to identify safety risks, coordinate field teams and reduce costly downtime.
Through a mobile-first interface, supervisors and engineers can see live job status, potential hazards and recommended actions generated by AI algorithms. The company says this approach cuts unplanned outages, improves regulatory compliance and helps operators deliver megaprojects on time and on budget.
Female-founded London startup targets global growth
Founded in London by a team of industry and data-science experts, FYLD is one of a small but growing cohort of female-founded deeptech companies attracting substantial growth capital. The new funding will support hiring across product, data science and go-to-market roles, with a focus on scaling in North America, the Middle East and key European infrastructure markets.
The company’s technology is already used by major utilities and contractors to manage field operations, from planned maintenance to emergency response. By capturing structured data from the field and feeding it into advanced machine learning models, FYLD aims to become a central decision layer for owners and operators of critical infrastructure.
Riding the AI wave in infrastructure and construction
The raise underscores investor confidence in the digitisation of heavy industry, where adoption of AI and automation has historically lagged software and finance. As governments and private investors commit trillions to new energy, transport and urban projects, demand is growing for tools that can manage risk, workforce safety and project complexity at scale.
With its latest round, FYLD is positioning itself as a key enabler of safer, more efficient megaproject delivery, betting that intelligent field operations will become a standard requirement for the next generation of global infrastructure.