Locofy.ai, a Singapore-based provider of a platform that converts graphic designs into working code with AI, raised $4.25M in funding.
The round brings Locofy.ai’s total to $7.3m raised since its incorporation in 2021.
Backers included Golden Gate Ventures and SME technopreneurs from Dropbox, Lottiefiles and Zopim.
The company intends to use the funds to expand operations and its business reach.
Locofy.ai is a low-code development tool in public beta, which assists developers worldwide in building and managing their frontend at speed. It accelerates web and mobile app development with its design-to-code conversion platform that helps designers automate frontend code directly from their designs and extend into existing workflows. The solution, which recently integrated with Storybook, Github, Netlify, Vercel and Snack, currently converts Figma and Adobe XD designs into React, React Native, HTML-CSS, Gatsby and Next.js code with AI.
In addition to securing this latest round of funding, Locofy.ai has made strategic hires to support its ambitious development plans. Tien Nguyen, ex-CTO at Wego and Teko, will be joining as Vice President of Engineering; leading data scientist, ex-Founder of SWAT and AI advisor to top startups, Nick Jachowski, will be joining as Head of AI; and Nguyen Kien, ex-Director of Engineering at TIKI, will be taking on the role of Head of Engineering.
FinSMEs
17/05/2023