qbid AI, a Tel Aviv, Israel-based AI company which specializes in automating architectural planning, raised $16M in Series A funding.
The round was led by Insight Partners with participation from JLL Spark, 10D, Ocean Azul, Random Forest and M-Fund.
The company intends to use the funds to expand operations and its development efforts.
Founded by Leeor Solnik, Elad Kaminer, Noam Diamantstein and Roey Granot, qbiq provides software that enables non-architects and architect users alike to immediately plan, visualize and optimize any given space. Its AI generates a complete design package including optimized floor plans, 3D visualizations, architectural programs, quantity estimates, Revit/CAD models and more.
qbiq transforms complex design processes into solutions that can accelerate decision-making and transactions for brokers, landlords, tenants, architects, general contractors, and co-working chains.
FinSMEs
15/01/2025