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Synopsis
Insight Partners, a venture capital and private equity firm that invests in growth-stage technology, led a $16m series A round in qbiq, an architectural AI comapny that leverages generative AI to automate and democratize architectural planning at any scale, with participation from JLL Spark, 10D, Ocean Azul, Random Forest and M-Fund. "When we officially launched in 2023, I discussed reaching 100 million square feet delivered to clients as a KPI. This was thought by many to be unrealistic. By 2024 we had already quadrupled that goal and are now speeding towards the 1 billion square foot mark. Joining forces with Insight Partners is a big milestone for qbiq, enabling the acceleration of our global expansion and paving our way towards a real industry transformation," Leeor Solnik, CEO & Co-Founder, qbiq.
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