Cerulean Labs Seed Investment, Moves Headquarters to Atlanta, GA

Funding Rounds

Summary

Atlanta, GA. 18th January 2023 - Cerulean Labs is excited to announce its Series Seed round led by Shadow Ventures. "Its been a long process to get to this point, but I am thrilled to have Shadow Ventures lead our Series Seed round," says Campbell Yule, founder of Cerulean Labs. I have been impressed from day one by the entire Shadow Ventures team and Im excited about partnering with them in 2023.The funding - from Shadow Ventures and a handful of co-investors - will allow Cerulean Labs to continue developing and commercializing Spaces, the companys iPad-based conceptual design tool for architects.We believe Spaces is the first company focused on developing a truly intuitive product specifically for designers, says KP Reddy, Founder and Managing Partner at Shadow Ventures, and author of BIM for Building Owners and Developers. Cerulean Labs is comprised of a global team, says Yule, and having our headquarters in the U.S. will strengthen our position and open up a number of exciting opportunities as the business grows.All great architecture starts with a line - Spaces by Cerulean Labs is reinventing conceptual design for architecture. At the same time, live building data is at your fingertips to inform your design decisions every step of the way.Shadow Ventures is a venture capital firm investing in seed-stage technology start-ups bringing innovation to the built environment with the goal of institutionalizing seed-stage investing.

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Amount - Total raised
Date January 18, 2023 Announcement date
Investors Shadow Ventures Accelerator Program Lead investors
Company https://www.spacesapp.io Funded company

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