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Rebuilding America and the World’s Industrial Backbone With AI

Rebuilding America and the World’s Industrial Backbone With AI

February 6, 2026 Craig Etkin

Nexxa.ai raises $9M Seed round to turbocharge specialized AI for the heavy industries

SUNNYVALE, Calif., Jan. 21, 2026 /PRNewswire/ — Nexxa.ai, founded in 2024 and building specialized AI agents for heavy industries, today announced a $9 million seed round led by Construct Capital with significant participation from a16z speedrun and existing investors. This brings Nexxa.ai’s total funding to $14 million, including a prior $4.4 million pre-seed driven by a16z speedrun with participation from Augment Ventures, Propeller Ventures, Plug and Play, Beat Ventures, SBI, Untapped Ventures, Cross Atlantic Angels, and angels including Rick Berry and Pat McCarthy.

AI for the industrial backbone
The backbone of America was built by industrial engineers who design and maintain rail networks, factories, construction projects, heavy machinery, transportation systems, and more. Yet many still rely on fragmented, homegrown software and manual processes to do this work. Rather than replacing existing engineering tools, Nexxa’s AI platform runs on top of them, supporting engineers as it modernizes core infrastructure.

“Everyone talks about AI disrupting white-collar work. The real opportunity is strengthening the backbone of the economy,” said Philipp Wehn, co-founder and CEO of Nexxa.ai. “America is in a race to rebuild heavy industry, so we’re making AI native to industrial engineering and operations, bringing it directly into the existing tools and workflows industrial companies use every day, so they can lead and grow their company in a way they never could before.“

Powering rail, construction, manufacturing, and critical infrastructure
Nitro, Nexxa’s multi-agent orchestration platform, enables Nexxa Forward Deployed Engineers to specialize and deliver highly resilient, complex AI into core heavy-industry workflows.

“Nexxa is tackling a vital problem: how do you modernize the core industrial base without ripping out everything that already works?” said Camila Key Saruhashi, Early Stage Venture at Construct Capital. “The team has shown that when you deliver AI that plugs into real workflows and drives measurable ROI in weeks, even traditional industries are ready to move fast.”

“Nexxa.ai is taking specialized AI out of the lab and putting it to work in heavy industry,” said Sonali Vijayavargiya, Managing Partner at Augment Ventures. “They are delivering measurable ROI in rail, construction, and manufacturing sectors where complexity has historically slowed adoption. That ability to translate AI into real operating leverage gives us conviction that Nexxa can build a category-defining company.”

“What impressed us is how quickly Nexxa turned AI into hard business outcomes for rail, construction, and manufacturing customers,” said Andrew Chen, General Partner at a16z speedrun. “This new capital will help them scale into the core sectors that define America’s competitiveness across customers and workflows.“

From Industry 4.0 to a 10x industrial revolution
Nexxa sees the industrial base at a technology inflection point, where industry-specific AI can enable agents to handle the non-standard, high-complexity workflows of heavy industries. Nexxa Nitro orchestrates these agents through a rule-based management console, keeping AI-driven work compliant, explainable, and aligned with operational standards, while Forward Deployed Engineering teams deploy solutions in weeks without accelerating mission-critical systems.

As U.S. heavy industries face rising costs, workforce shifts, and growing infrastructure and energy demands, Nexxa has shown that outcome-driven AI can move even slow adopters and is now preparing to scale revenue 10x in 2026, supported by this new funding.

Enterprises already trusting Nexxa include Siemens, Matikon, and others who are still under NDA, with the platform also available through the Siemens Xcelerator Marketplace.

About Nexxa.ai
Headquartered in Sunnyvale, California, Nexxa.ai is an AI company for heavy industries, rebuilding the industrial backbone with specialized AI agents that augment industrial operations and deliver measurable ROI in weeks.

To learn more or request a demo, visit www.nexxa.ai.

SOURCE Nexxa.ai

Copyright © 2026 Cision US Inc.


Venture Capital
California, Cision, Nexxa.ai, PRNewswire, Sunnyvale, Venture Capital

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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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