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The Briefing: ICON Lands $207M For Building Tech, Xiaodu Raises Round At $5.1B Valuation, And More

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Here’s what you need to know today in startup and venture news, updated by the Crunchbase News staff throughout the day to keep you in the know.

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ICON Raises $207M For 3D Printed Homes

Austin-based , a developer of advanced construction technologies including components for 3D printed homes, raised $207 million in a Series B round led by .

The investment brings 4-year-old ICON’s total funding to date to $266 million. The company says it has delivered more than two dozen 3D-printed homes and structures across the U.S. and Mexico.

Baidu’s Xiaodu closes funding at $5.1B valuation

, a provider of smart displays backed by China’s , raised a new financing round of undisclosed size at a valuation of $5.1 billion, according to an from Baidu.

Baidu said it remains a “super majority shareholder” after the transaction. Xiaodu’s Series A was completed in November 2020 at a post-money valuation of $2.9 billion.

– Joanna Glasner

Urbint raises $60M for AI to protect infrastructure

, a startup with an AI platform designed to help protect critical infrastructure like energy utilities and telecom companies, has raised $60 million in Series C funding. The new round was led by . Other participating investors include new backers , and existing investors , , 听补苍诲 1

New York-based Urbint noted that the funding comes as Congress is expected to pass a $1 trillion infrastructure bill for the U.S.

鈥淭oday鈥檚 critical infrastructure owners and operators are facing new challenges as aging assets and climate change threats create a more complex operating environment,鈥 Energize Ventures principal said in the funding announcement. 鈥淓lectric utilities in the U.S. alone spend more than $15 billion annually on operations and maintenance. Urbint鈥檚 next-generation risk management software helps customers identify and prioritize safety and reliability threats, in turn lowering O&M costs, reducing emissions, and improving worker safety – all while ensuring critical infrastructure stays online.鈥

Urbint noted its customers include electricity and natural gas utilities and , among others.

鈥 Marlize van Romburgh

Hunters closes $30M Series B led by Bessemer

Israel-based cybersecurity company raised a $30 million Series B from , with participation from existing investors , , and .

Hunters competes in the increasingly popular extended detection and response (XDR) security space with large public companies like , and and venture-backed firms like , which closed a $270 million round last month.

XDR platforms are scalable and offer companies better visibility in network and application communication. The platform鈥檚 threat detection and response capabilities across the network has become even more important with so many people working from home and expanding the attack surface available to bad actors.

Founded in 2018, Hunters has now raised $50.4 million to date.

鈥 Chris Metinko

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