PRINCETON, N.J.--(BUSINESS WIRE)--A collective of more than 20 generative design technology leaders including Transcend, Augmenta, TestFit, and Autodesk, are featured in the release of the first ever 2024 Annual Report: The State of Generative Design for Critical Infrastructure. The report is an informative look at the current state of generative design adoption in critical infrastructure industries, including housing, transportation, water, energy, and more. “As our past performance has clearly shown, the traditional ways of planning and designing critical infrastructure are simply not going to succeed in the new era of climate change, rapidly evolving regulation, land constraints, and crumbling infrastructure. There’s too much work to be done and not enough talent to do it. It requires technology like generative design to fill the gap so we can effectively and affordably construct foundational critical infrastructure systems,” said Ari Raivetz, CEO and co-founder, Transcend. “Generative design software has played, and will continue to play, a pivotal role in effectively addressing the most complex infrastructure challenges, ultimately reshaping entire urban landscapes and creating resilient cities of the future.”

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San Francisco-based Prologis Ventures invested in a $20 million June 2022 Series A round for TestFit with Dallas-based Perot Jain and New York-based Parkway Venture Capital, Prologis said.