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AI software company Engineer.ai raises $29.5M

Nov 06, 2018 - L.A. Biz

Engineer.ai, maker of an artificial intelligence-based software that helps people build their own software without coding knowledge, has raised $29.5 million in one of Europe's largest series A investments.

The company, which has headquarters in Los Angeles and London, said the funding round was led by Lakestar and Jungle Ventures with participation from Softbank's DeepCore.

Launched in June, Engineer.ai said its Builder system is an "AI-powered software assembly line" that breaks so...