Front-end DevTools startup Locofy.ai raises $4.3 million in seed II funding round
LOCOFY. AI, a platform for front-end development acceleration that employs artificial intelligence (AI) to translate concepts into code, has raised US$4.3 million in its Seed II fundraising round. Northstar Ventures, Golden Gate Ventures, Accel, as well as private investors from Dropbox and Tinder, were among the businesses that took part in this round.
The startup, which was established in 2021, provides a low-code development tool that aids in the creation and management of front-end functionalities. It uses AI to translate designs from Figma and Adobe XD into React, React Native, HTML-CSS, Gatsby, and Next.js code.
With the money, the startup plans to greatly streamline the design to code conversion using AI and expand platform connections to better fit workflows. "We are building our platform to enable lean teams and individuals to turn ideas into high-quality products and experiences at a fraction of the time it used to take," said Honey Mittal, co-founder and CEO of Locofy.ai.
"This is about AI dramatically reducing time-to-market and creating new rules around speed, agility, innovation, and collaboration, all at lower costs." Since the company was incorporated in 2021, it has raised a total of US$7.3 million.
The startup, which was established in 2021, provides a low-code development tool that aids in the creation and management of front-end functionalities. It uses AI to translate designs from Figma and Adobe XD into React, React Native, HTML-CSS, Gatsby, and Next.js code.
With the money, the startup plans to greatly streamline the design to code conversion using AI and expand platform connections to better fit workflows. "We are building our platform to enable lean teams and individuals to turn ideas into high-quality products and experiences at a fraction of the time it used to take," said Honey Mittal, co-founder and CEO of Locofy.ai.
"This is about AI dramatically reducing time-to-market and creating new rules around speed, agility, innovation, and collaboration, all at lower costs." Since the company was incorporated in 2021, it has raised a total of US$7.3 million.