In a Seed round headed by Kalaari Capital and including participation from Antler, Golden Sparrow, and angel investors, Bengaluru-based startup Figr has raised $2.25 million.

The money raised will be put toward improving Figr's core technology, specifically its proprietary AI models for UI/UX design. The business also intends to grow its growth and product teams.

Figr is an AI-powered design platform that was founded by Moksh Garg and Chirag Singla. It is revolutionizing the way product teams build user interfaces. Teams may work more productively and creatively when rough ideas are turned into excellent UI designs thanks to its sophisticated AI.

The Bengaluru-based startup states that there are more than 500,000 queries have been responded as well as answered & more than 75,000 people have signed up. Particularly, the company’s user base is 80% outside of India, representing its strength on a global stage.

After being chosen for the Google for Startups Accelerator: AI First cohort, Figr intends to strengthen its growth and product teams in order to generate $1 million in recurring revenue annually in the upcoming year.

Recently, a Travel tech firm, Holiday Tribe has lifted Rs.5.4 crore in its seed funding round that was headed by Powerhouse Ventures and GSF. The key investors participated in that funding round that involved are Gaurav Kapur, Murugavel Janakiraman from BharatMatrimony.com's, & Dinesh Agarwal and Gulati from India Mart.

The Funding lifted in the round will be infused toward maximizing the supply chain of the brand, marketing campaigns and technological prowess.