Scenarium AI raises 1.6 million Euros in pre-seed funding led by UVC Partners to innovate building design processes using generative AI, targeting inefficiencies in the construction industry.
Information on the Target
Scenarium AI is an innovative company focused on revolutionizing the building design process through the automation of generating building plans. The firm aims to address critical inefficiencies within the construction industry by catering specifically to the needs of electrical planners, a demographic that has historically been underserved during planning phases. Founded in 2023 by Katja Elkhanova and Emil Azadian, Scenarium AI leverages generative AI technology to facilitate faster and more effective design solutions, leading to significant time savings for its users.
The company recently closed its pre-seed financing round, raising 1.6 million Euros, with the principal objective of enhancing its product development. Scenarium AI seeks to address the pressing issues of worker shortages and widespread dissatisfaction with existing design software, which has remained largely unchanged for decades. The founders, with rich backgrounds in construction and technology, aim to lead a transformation within the industry.
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Industry Overview in Germany
The construction industry in Germany is facing numerous challenges, particularly in relation to skilled labor shortages and outdated technological solutions. High user dissatisfaction is prevalent, as evidenced by
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UVC Partners
invested in
Scenarium AI
in 2023
in a Pre-Seed Stage deal
Disclosed details
Transaction Size: $2M