In January 2022, Singapore-based Locofy released a beta of its low-code development tool, just six months after the company’s founding. Since then, it has had over 100,000 sign-ups from 195 different nations.
Northstar Ventures, Golden Gate Ventures, Accel Partners, January Capital, Arash Ferdowsi, Nattu Adnan were the investors for the round.
With the aid of AI, its technology enables designers to automate front-end code directly from their designs and integrate it with existing workflows, saving time. Investors like Northstar Ventures and Golden Gate Ventures helped the company raise fresh funding.
Currently, Locofy can convert designs from Figma and Adobe XD into code for React, React Native, HTML-CSS, Gatsby, and Next.js.
Locofy is one of several strategic AI investments that Golden Gate Ventures has made, the venture capital firm claiming that it did so even before the technology became popular.
Users from a wide range of industries, including developers, enterprises, startups, freelancers, and students, use locofy.
“Already demonstrates its stickiness and ability to integrate seamlessly with other tools,” said Golden Gate Ventures partner Justin Hall.
