Augmenta Raises $10 Million in Funding
Augmenta, a Toronto, Canada-based provider of an autonomous design platform for the built environment, has raised an additional $10 million in seed funding.
This seed round was led by Prelude Ventures, with additional participation from Montage Ventures, bringing Augmenta's total funding to $25.6 million.
Founded in 2013, Prelude Ventures is a venture capital firm that invests in early-stage companies tackling climate change and promoting sustainability. They focus on sectors like clean energy, sustainable materials, food and agriculture, carbon management, and transportation. The firm offers capital and strategic support to scale innovative technologies aimed at creating a sustainable, decarbonized future.
The company will use the funding to expand the capabilities of its Electrical System Design (ESD) agent, accelerate the development of its mechanical and plumbing agents, and build its sales and support teams.
Augmenta provides AI software designed to automate the creation of sustainable and efficient buildings within the architecture, engineering, and construction industry. It automates the design of electrical, mechanical, and plumbing systems in buildings. The company’s construction platform offers design services to firms and subcontractors, providing an automated, cloud-native AI solution for electrical system design. Based in Toronto, Canada, Augmenta's future roadmap includes delivering a new generation of design tools that will fully automate the design of MEP/S systems.
Funding Details
Company: Augmenta Inc.
Raised: $10.0M
Round: Seed
Funding Date: March 12, 2025
Lead Investor: Prelude Ventures
Additional Investors: Montage Ventures
Company Website: https://www.augmenta.ai/
Software Category: AI Building Design