Fyld Raises $41M to Bring AI to Infrastructure Fieldwork

London-based AI startup Fyld has raised $41 million in Series B funding to expand its artificial intelligence tools designed for infrastructure and utility fieldwork operators. The round was led by Energy Impact Partners, with participation from existing investors.

Fyld's platform uses AI to assist field workers in industries like utilities, telecommunications, and infrastructure maintenance. The company's technology helps operators complete tasks more efficiently by providing real-time guidance, automating documentation, and improving safety protocols in the field.

The funding comes as demand grows for AI solutions that can address labor shortages and improve productivity in physically demanding industries. Fyld's tools are particularly relevant for companies managing aging infrastructure networks that require regular maintenance and upgrades.

Energy Impact Partners, the lead investor, focuses on backing companies that are accelerating the transition to a sustainable energy future. Their investment in Fyld suggests confidence in AI's potential to optimize infrastructure operations and reduce environmental impact through more efficient resource management.

While specific deployment numbers weren't disclosed, Fyld reports serving multiple major utility and infrastructure companies across Europe and North America. The new capital will be used to expand the platform's capabilities, grow the engineering team, and scale operations internationally.

The Series B round reflects continued investor interest in practical AI applications beyond traditional office environments. As companies across various sectors seek to digitize field operations, Fyld's specialized approach to infrastructure and utility work positions it in a growing market segment.

This funding round follows a period of increased venture capital activity in AI tools for industrial applications, as investors look for companies that can demonstrate clear ROI in real-world operational settings rather than purely digital use cases.