Augmenta, a Toronto, Canada-based company automating building design for the construction industry, raised US$11.75M in Seed Extension. Led by Francesco Iorio, CEO, Augmenta is a software company that works for the construction industry by automating building design. Its flagship Augmenta Construction Platform (ACP) accelerates the time it takes to detail and estimate designs, eliminates costly redesign and rework, and reduces overall risk. Once available commercially, this innovative new cloud-based platform – which uses artificial intelligence, including machine learning and mathematical optimization – will enable contractors and engineers to create error-free, constructible, code-compliant designs of buildings and systems in hours instead of weeks. The company is on track to commercialize the Electrical System Design (ESD) module of its Augmenta Construction Platform (ACP) in Q1 2024.