Collov AI Secures $10M in Series A Funding

Collov AI

Collov AI, a San Francisco, CA-based provider of an AI design tool for furniture, raised $10M in Series A funding.

The round was led by GoldenHome Living Co Ltd., a public company (SHA: 603180) that specializes in the research, design, and manufacturing of kitchen cabinets. This strategic partnership propels Collov AI’s innovative AI Cabinet design tool into the spotlight, now being utilized in over 3,000 GoldenHome Living stores throughout Asia.

The company intends to use the funds to expand operations and development efforts.

Collov AI develops an AI design tool that can learn and replicate furniture styles from various brands, generating bespoke designs in seconds. The technology is being used furniture manufacturers and into nearly 30 branded stores globally, covering the key markets of Asia, Europe, the Americas and the Middle East.

FinSMEs

27/02/2024