Venture activity in the AEC space continues to be strong in the later months of 2025, with interest in future-forward technologies like AI and robotics fueling deals throughout the ecosystem. This week we highlight deals closed by PermitFlow, Gravis Robotics, and Enerin.
See more details below.
PermitFlow Raises $54 Million
PermitFlow has raised a $54 million Series B led by Accel, with participation from Kleiner Perkins, Felicis, Initialized Capital, Altos Ventures, Y Combinator, and others. Since launching in 2021, the company has powered over $20 billion in construction value through its AI-driven platform, now trusted by leading builders including Amazon, Lennar, IKEA, and Toll Brothers. PermitFlow’s proprietary dataset of 12 million-plus permitting records enables AI agents that cut timelines by up to 60% and workloads by 90%. The new funding will accelerate product development and team growth as PermitFlow modernizes construction workflows and supports critical priorities like housing affordability and infrastructure renewal. Read more
Gravis Robotics Raises $23 Million
Gravis Robotics has raised $23 million in a round co-led by IQ Capital and Zacua Ventures, with participation from Pear VC, Imad, Sunna Ventures, Armada Investment, and Holcim. The funding will accelerate Gravis’ global rollout, expand its team, and deepen its growing network of OEM, contractor, and dealer partnerships. Already deployed across seven countries, Gravis’ autonomy platform is powering large-scale excavation and material-handling operations with major industry players, including Holcim, Taylor Woodrow, Flannery, and Develon. Built on learning-based control systems and retrofit robotics, Gravis delivers true autonomy at scale—boosting productivity, reducing rework, and advancing the future of earthmoving worldwide. Ream more
Enerin Raises €15 Million
Enerin has raised €15 million in a Series A led by Johnson Controls, Climentum Capital, The Footprint Firm, and Move Energy, marking its shift from pioneering R&D to full-scale industrial production. The funding will accelerate manufacturing, commercial deployment, and next-generation development of Enerin’s HoegTemp high-temperature heat pump system, which delivers up to 250°C process heat using electricity and recycled energy. With early pilots at GE Healthcare, Pelagia, and IVAR IKS Biogas, Enerin offers a profitable, modular alternative to fossil-fuel boilers—cutting energy use by up to 70%. The round positions the company to scale globally and decarbonize industrial heat at meaningful depth. Read more
If you’re interested in learning more about venture activity in the AEC industry, consider joining us at Venture West 2026, where we’ll explore the industry’s increasingly complex investing landscape.
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