Conxai raised €2.7 million in a seed round co-led by Earlybird and Pi Labs.

Conxai, a Munich, Germany-based software startup developing a no-code framework for the AEC industry (Architecture, Engineering & Construction), announced completing a €2.7 million ($3M) capital funding round.

The money was raised from investors co-led by Earlybird and Pi Labs and joined by A/O PropTech and Argonautic Ventures.

Conxai, founded in 2020 by CEO Sharique Husain and Muralikrishna Sridhar, developed a no-code design platform for people woring in the construction business helping them configure and scale AI-powered analytics solutions in HSE, Logistics and Quality. The company says the platform uses advanced 3rd generation “Explainable AI (XAI)” for processing transactional, sensor and historical project data, and different forms of knowledge to generate descriptive and prescriptive insights, tackling multiple use cases within construction at once, without the need to handcraft a new point solution for each new use case.