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Thailand’s Spacely AI secures $1 M Seed funding from PropTech Farm Fund III

PropTech Farm Fund III has led $1 million in seed funding for Spacely AI, a generative artificial intelligence (AI) startup based in Thailand.

According to a statement released by Spacely AI on Thursday, Ted Poshakrishna Thirapatana (Founder, UTC Holdings Co., Ltd.), Mek Srunyu Stittri (former VP Engineering, GitLab), and Wannaporn Phornprapha (Managing Director, P Landscape Co., Ltd.) also participated in the funding round.

The round comes after SCB 10X made a pre-seed investment in Spacely AI.

The additional funding will hasten product development and increase the company’s presence in important international markets.

With the money raised from seed funding, the company will launch Spacely AI’s next-generation 2D-to-3D automation engine, which eliminates up to 80% of manual concept work, enter the U.S. market, and provide sales and co-marketing resources to international partners.

“Every architecture firm is rebuilding its workflow around AI,

“Success now depends on how quickly you adapt—especially as clients are already experimenting with these tools,” said Paruey Anadirekkul, Chief Executive Officer of Spacely AI.

Spacely AI is a company that wants to help architects increase their revenue, unleash their creativity, and reduce expenses.

AI rendering for both indoor and outdoor spaces, user-friendly image editing tools, AI virtual staging, and automated 3D model generation are all provided by its cloud suite.

The platform is expanding its support for more popular CAD tools and is fully integrated with SketchUp through Extension Warehouse, allowing professionals to work within the program they are already familiar with.

“Design speed now determines deal speed,

“We at PropTech Farm believe Spacely AI’s instant visualization turns hesitant prospects into committed buyers long before the first brick is laid,” noted Fredrik Bergman, Chief Executive Officer of PropTech Farm.

Design processes can be excruciatingly slow, and Spacely AI demonstrates how technology can free up time and energy for the work that really counts, said Wannaporn Phornprapha, Managing Director of P Landscape Co., Ltd.

Spacely AI has produced over two million unique renders in the last year, served over 1,500 architecture and interior design firms across more than 50 countries, and increased revenue tenfold.

 

 

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