London-Based Startup Builder.ai Raises $250 Million
The company dreams of software development without the coding.
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Builder.ai, an artificial intelligence company based in London, has raised $250 million in a funding round led by the Qatar Investment Authority, the Gulf state’s $450 billion sovereign wealth fund.
The funding round is part of a surge in global venture capital investment into AI companies. Other investors in the deal included Iconiq Capital, Jungle Ventures and Insight Partners. The company declined to provide its valuation.