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Israeli genAI startup raises $16m for expansion
Israeli startup qbiq has raised US$16 million in a series A funding round led by Insight Partners, a global software investment firm.
Other contributors include JLL Spark, 10D, Ocean Azul, Random Forest, and M-Fund’s Lior Elkan.
The funding will support qbiq’s expansion and further platform development.
As part of the deal, Insight Partners’ Liad Agmon will join qbiq’s board of directors.
Founded in 2019, qbiq’s AI-powered platform automates architectural planning for creating layouts and visualizations. Its clients include Brookfield Properties, JLL, Skanska, and IWG.
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