Figr, the AI-focused product design startup, has secured an impressive $250,000 in its pre-seed funding round from Antler India. This funding injection will play a pivotal role in fueling Figr's growth, enabling it to expand its engineering team and further enhance its innovative product offerings, according to a recent press release from the company. Figr has ambitious plans to advance its generative design models through this investment, signaling its commitment to revolutionizing the design process.
Co-founded in 2023 by Moksh Garg and Chirag Singla, Figr has quickly established itself as a game-changer in the field of digital product design. Leveraging the power of artificial intelligence, Figr streamlines design research, facilitates rapid interface iteration, and fosters collaboration, ultimately striving to make product design more accessible for all.
One of the standout achievements for this startup is its impressive user base, which has surpassed 30,000 users. This user engagement underscores Figr's effectiveness and utility in the realm of design, with over 100,000 design research queries conducted through the platform. This substantial user base is a testament to the value Figr brings to the design community, demonstrating its potential to reshape and simplify the design landscape.
Figr's commitment to investing in and training powerful generative design models is noteworthy. This approach aligns perfectly with the rapidly evolving field of AI-driven design, which has the potential to transform industries by automating and optimizing the creative process. By enhancing the capabilities of these models, Figr aims to stay at the forefront of design innovation and continue to provide cutting-edge solutions to its users.
Antler India, the early-stage investment firm that backed Figr, recently made headlines by closing Rs 500 crore of its Rs 600 crore ($75 million) maiden fund. With plans to finalize this fund in the coming quarter, Antler India is actively supporting innovative startups across various sectors. Figr joins a roster of promising companies that have received funding from Antler, such as Plotch.ai, Covrzy, and Hexo, underscoring Antler's commitment to nurturing startups with transformative potential. reported by Entracker
Figr's successful pre-seed funding round, supported by Antler India, marks a significant milestone in the startup's journey to revolutionize digital product design using AI. With a growing user base and a commitment to advancing generative design models, Figr is poised to play a pivotal role in shaping the future of design innovation. As Figr continues to evolve and expand, its contributions to the design community are likely to become increasingly influential.
