Back to today’s briefing

Story perspectives

Foresight Wins Best AI Innovation, Secures $25M Series A

6/12/2026

47 7 Full Breakdown

Summary

Story summary

Foresight won the Best AI Innovation award at the 2026 Datacloud Global Awards in Cannes.
Judges praised its Predictive Project Delivery platform for early risk detection, schedule predictability and revenue speed, despite nine-in-ten projects facing 34 percent delays.
It raised $25 million in a Series A led by Macquarie Capital Venture Capital, expanding adoption among infrastructure owners.

History

Historical Context

Primavera Systems, founded in 1983 by Joel Koppelman and Dick Faris, developed its P6 suite in the 1990s, quickly becoming the construction industry’s scheduling benchmark. Oracle’s 2008 acquisition embedded Primavera in enterprise software, and AI platforms such as Foresight’s Predictive Project Delivery now aim to lower the nine-in-ten project delay rate that still plagues the sector.

1 of 2

Story summary

Foresight won the Best AI Innovation award at the 2026 Datacloud Global Awards in Cannes.
Judges praised its Predictive Project Delivery platform for early risk detection, schedule predictability and revenue speed, despite nine-in-ten projects facing 34 percent delays.
It raised $25 million in a Series A led by Macquarie Capital Venture Capital, expanding adoption among infrastructure owners.

1 / 2