Looq AI Secures $2.6 Million in Seed Round

by Kay Aloha Villamor in February 29th, 2024

Looq AI, a San Diego, CA-based company has unveiled its groundbreaking AI-enabled digital twin technology and secured $2.6 million in seed funding, bringing its total raised to $3.75 million.  

SaaS Investors  

The round was led by BootstrapLabs.  

Established in 2008, BootstrapLabs is a leading AI-focused Venture Capital firm based in San Francisco. BootstrapLabs was among the first U.S. venture capital firms to invest exclusively in AI-first startups 8+ years ago and has since made over 70 investments in 30+ portfolio companies solving some of the most valuable problems in verticals such as the Future of Work, Mobility, Health, Digital Infrastructure, Financial Infrastructure, Climate & Energy, and National Security, among others.  

Looq AI Use of Funds  

The company will use the funding to propel its mission to advance critical infrastructure digitization.  

About Looq AI  

Established in 2021, Looq AI is a survey technology platform company dedicated to advancing critical infrastructure digitization and analysis. The Looq platform is a one-stop solution for surveyors, engineers, contractors, and asset owners to digitally map the physical world infrastructure, with survey-grade accuracy. The Looq platform enables the rapid and scalable 3D capture of survey-grade information across engineering and utility projects for decision-making and operational efficiency.  

Funding Details                                 

Company: Looq AI   

Raised: $2.6M                  

Round: Seed Round  

Funding Month: February 2024                                                        

Lead Investors: BootstrapLabs  

Additional Investors:     

Company Website: https://www.looq.ai/   

Software Category: 3D Survey and Mapping  

Source: https://www.businesswire.com/news/home/20240227335776/en/  

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