Foresight, a company selling AI-based predictive project delivery software for large infrastructure programmes, announced a $25m Series A on 18 March 2026. Macquarie Capital Venture Capital led the round.
Existing seed investor Creandum took part, as did ISAI Build Venture, i2bf Global Ventures and Somersault Ventures. ISAI Build is a Bouygues group venture fund managed by ISAI. The announcement did not give a valuation or the size of Foresight's earlier funding.
“Delivery discipline is crucial in a market where delays directly impact returns”Gary Munitz, Global Co-Head, Macquarie Capital Venture Capital
What Foresight does
Foresight's platform is aimed at big, interdependent builds such as hyperscale data centres and advanced industrial facilities. The company says it can produce a baseline schedule in days rather than months, check real-world progress against the plan on a continuing basis, combine progress signals from the different parties on a project, and forecast risk early enough for managers to act. It also offers a view across several projects running at once.
The company says its customers see completion forecasts twice as accurate as traditional bottom-up schedules and a 30 percent reduction in overruns. Those figures are the company's own, and it named no customers in the announcement.
Foresight was founded in 2018 and says it operates from New York, London and Tel Aviv. Igor Shifrin is co-founder and chief executive, and Dr Atif Ansar is co-founder and executive chairman. The announcement said Ansar's research at Oxford informed the platform. It did not give a headcount.
The problem it targets
The announcement cited independent research, which it did not name, finding that nearly 90 percent of large-scale infrastructure projects are delivered late or over budget. It argued that money flowing into data centres, power, manufacturing and defence is creating complex programmes in which small failures of execution can cause slips and cost overruns.
Shifrin said: "The scale of capital now committed to infrastructure is historic, but capital alone doesn't build anything on time." Ansar said delays in major projects are not rare events caused by black swans and that Foresight is the first platform to put that insight into practice.
Who invested
Gary Munitz, global co-head of Macquarie Capital Venture Capital, said: "Delivery discipline is crucial in a market where delays directly impact returns." The announcement described the Macquarie unit as having more than 30 years of experience backing early-stage software companies, with a focus on companies based in Australia, Israel, the UK and continental Europe.
ISAI Build was created with Bouygues and co-invests from seed to Series C in startups working on construction, real estate, mobility infrastructure and energy decarbonisation, according to the announcement.
What the money is for
Foresight said the funding will go to deepening its product, expanding its engineering and go-to-market teams, and accelerating international growth. It also plans to extend the platform into adjacent sectors: power, defence and advanced manufacturing.
The company's own description of the round is the main source for these details. Techeconomy, which also reported the round, gave the same $25m figure, although one UK outlet's headline described the round in pounds.
Company website: foresight.works