Looq AI Secures $2.6M in Seed Funding
February 29, 2024, 4:02 pm
Looq AI, a California-based tech company focused on advancing critical infrastructure digitization, recently closed a $2.6 million seed funding round. The investment, led by BootstrapLabs, with contributions from Longley Capital and Spatial Capital, brings Looq AI's total funding to $3.75 million.
Founded in 2021 and spearheaded by CEO Dominique Meyer, PhD., Looq AI specializes in hardware-enabled AI solutions for infrastructure digitization and diagnosis. The company's latest innovation, the Looq platform, leverages AI and computer vision technology to create digital twin models of physical infrastructure with survey-grade accuracy in minutes.
By utilizing the Looq platform, project teams can efficiently complete engineering, surveying, and analysis tasks, leading to operational savings and informed decision-making. The platform's ability to digitize critical infrastructure at scale provides valuable asset intelligence for stakeholders.
The successful funding round and the launch of the Looq platform have garnered praise from industry experts and early adopters. Amanda Jones, PLS, Owner at AJS, commended the technology for its ability to capture survey-grade data efficiently, while Kevin Grover, Advanced Technology Leader at McElhanney Ltd, expressed excitement about the platform's disruptive potential in the industry.
Blake Darling, PE, PMP, Director of Engineering Underground Programs at Aquawolf, highlighted the Looq platform's role as an essential engineering tool for capturing detailed field conditions and supporting high-quality design in the underground utility sector.
The investment from leading venture capital firms and the positive feedback from industry professionals underscore Looq AI's position as a key player in advancing infrastructure digitization. With a focus on innovation and practical applications of AI technology, Looq AI is poised for continued growth and impact in the critical infrastructure sector.
Founded in 2021 and spearheaded by CEO Dominique Meyer, PhD., Looq AI specializes in hardware-enabled AI solutions for infrastructure digitization and diagnosis. The company's latest innovation, the Looq platform, leverages AI and computer vision technology to create digital twin models of physical infrastructure with survey-grade accuracy in minutes.
By utilizing the Looq platform, project teams can efficiently complete engineering, surveying, and analysis tasks, leading to operational savings and informed decision-making. The platform's ability to digitize critical infrastructure at scale provides valuable asset intelligence for stakeholders.
The successful funding round and the launch of the Looq platform have garnered praise from industry experts and early adopters. Amanda Jones, PLS, Owner at AJS, commended the technology for its ability to capture survey-grade data efficiently, while Kevin Grover, Advanced Technology Leader at McElhanney Ltd, expressed excitement about the platform's disruptive potential in the industry.
Blake Darling, PE, PMP, Director of Engineering Underground Programs at Aquawolf, highlighted the Looq platform's role as an essential engineering tool for capturing detailed field conditions and supporting high-quality design in the underground utility sector.
The investment from leading venture capital firms and the positive feedback from industry professionals underscore Looq AI's position as a key player in advancing infrastructure digitization. With a focus on innovation and practical applications of AI technology, Looq AI is poised for continued growth and impact in the critical infrastructure sector.