Enterprise software firm Locofy.ai raises $3-M from Accel, January Capital, others

Singapore-headquartered enterprise software firm Locofy.ai has raised USD 3 million in pre-seed funding from Accel, January Capital, Golden Gate Ventures and Boldcap. The company, which offers a platform that converts designs to production-ready code, will use the funding to expand its engineering and data science teams. Angel investors and tech founders from companies such as Ola, Hasura, Holistics, Wego, GajiGesa, 1Bstories, Ohmyhome, CyberSierra and Wekan, and Australian graphic design platform Canva's former head of growth, also participated in the round. Locofy.ai aims to automate 50% or more of the current workflow, allowing teams to convert their designs to code and an interactive and responsive live prototype without writing code.