The funding will support the expansion of Augmenta's Electrical System Design agent.
Augmenta, the autonomous design platform for the built environment, announced it has secured an additional $10 million USD in seed funding led by Prelude Ventures, with participation from Montage Ventures. This latest investment brings Augmenta’s total funding to $25.6 million USD and underscores the company’s commitment to transforming the construction industry through the power of generative AI.
The funding will be used to expand the capabilities of Augmenta’s Electrical System Design (ESD) agent, accelerate the development of its mechanical and plumbing agents, and build out its sales and support organizations. This strategic investment marks a significant milestone in Augmenta’s mission to automate building design, delivering greater efficiencies and cost savings at scale.
Augmenta’s AI platform is addressing a critical need in the construction industry, which has historically lagged in adopting advanced technologies. By automating complex design processes, Augmenta eliminates the risk of errors, reduces rework, and optimizes designs for sustainability and cost-effectiveness. This leads to significant time and cost savings for contractors, engineers, and real estate developers.
This investment builds on Augmenta’s recent momentum, including a strategic partnership with ENG, a global leader in Building Information Modeling (BIM). The ongoing collaboration brings together Augmenta’s innovative AI technology and ENG’s BIM expertise to automate electrical design modeling for subcontractors.
For more information, visit augmenta.ai.
