Ai Build, a London, UK-based SaaS company aims to eliminate all inefficiencies caused by human error in order to make the manufacturing process simpler, more intelligent, sustainable, and cost-effective, raised $8.5 million in Series A funding.

SaaS Investors

The round was led by IQ Capital, with participation from Nikon and existing investors Superseed, ACT Venture Partners, Atlas Ventures (UK), and Seedcamp. 

IQ Capital is a deep-tech​ early-stage VC investing in companies capable of dominating global markets, focused on breakthrough technologies in computer science, energy, life sciences, fintech, space, and advanced engineering. 

Ai Build Use of Funds

The company will use the funds to accelerate its product roadmap and expand its presence in North America and Europe.

About Ai Build

Founded in 2015 by Daghan Cam and Michail Desyllas, Ai Build is a company developing artificial intelligence and robotic technologies for large-scale additive manufacturing. Ai Build offers a cloud-based solution designed to reduce costs, lead times, and material waste in additive manufacturing processes, partnering with major manufacturing firms to expand the use of additive manufacturing in large-scale industrial applications.

Funding Details

Company: Ai Build, Ltd.

Raised: $8.5M

Round: Series A

Funding Month: October 2023 

Lead Investors: IQ Capital

Additional Investors: Nikon, Superseed, ACT Venture Partners, Atlas Ventures (UK), and Seedcamp

Company Website: https://ai-build.com/ 

Software Category: Additive Manufacturing Software

Source: https://www.voxelmatters.com/ai-build-raises-8-5-million-in-series-a-funding/