Rayon raises €10M to bring AI and 3D to its interior design software
Rayon, the Paris-based startup that has created software allowing interior designers to draw floor plans in a web browser, announced that it has raised 10 million euros in its Series A financing round, with Partech as the lead investor.
Northzone, Foundamental, and Seedcamp, which had previously backed the company, also participated in the funding round.
Michiel Kotting, Partner at Northzone, adds:
“Architecture and design have long been laggards when it comes to adoption of new technologies, and the sectors have yet to catch up with the rate of advancement in AI. Rayon is changing that, building specifically for the needs of interior designers and surpassing what is possible with traditional CAD software.”
The funds will be used to cover three areas: the 3D mode, additional AI features within the drawing tool, and an increased sales campaign. This round of financing brings Rayon’s total funding up to nearly €16M.
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