London-based AI platform for architects Gendo has raised £4.3 million in a seed funding round co-led by PT1 and LEA Partners. Gendo will use the funds to enhance its AI models and improve architectural workflows.
- Founded in 2022 by George Proud and Will Jones, Gendo develops a browser-based platform that leverages generative AI and machine learning to transform the architecture and design industry.
- The platform streamlines the creation of high-quality computer-generated images, making the process up to 100 times faster than traditional methods, as the startup claims. By eliminating the need for software, specialized skills, and hardware, it allows architects to focus on design instead of time-consuming image production.
- The platform has already gained thousands of users, generating tens of thousands of images, the Gendo's team says.
Details of the deal
- The seed round was co-led by German VCs PT1, a firm that focuses on pre-seed and seed investments in transformative real asset technologies, and German VC LEA Partners. Koro Capital and Gendo's existing backer Concept Ventures also joined the round.
- The fresh capital raised will allow Gendo to deepen its investment in developing novel AI models and enhancing architectural workflows, helping it become a go-to tool for designers.
- Additionally, the funds will also support team expansion and the further refinement of the Gendo platform to better serve its growing user base.
"With this new round of funding, we're diving deeper into both novel AI models and Architecture workflows, to make Gendo a *truly dedicated* next-gen platform for Designers," co-founder and CEO of Gendo, George Proud, commented on LinkedIn.
