Home » Swedish startup Finch secures €2.5m to optimise architecture

Swedish startup Finch secures €2.5m to optimise architecture

by Sion Geschwindt
Swedish startup Finch secures €2.5m to automate floorplan designs

Swedish startup Finch has secured €2.5m (£2.2m) to accelerate the shift from manual to generative and data-driven workflows in the AEC industry.

The funding round is led by Inventure and notable angels such as Peter Neubauer (co-founder of Mapillary and Neo4j) and Emil Sjödin (co-founder of Refined).

Finch was founded in 2020 by architects Pamela Nunez Wallgren and Jesper Wallgren and software engineer Martin Kretz who were fed up with the antiquated tools and processes that still dominate the industry.

“We were constantly looking for software that could help us find the best option for a site, faster — but still give us the freedom architects need to design great buildings. This is a struggle that many architects know far too well,” said Pamela Nunez Wallgren, co-founder and CEO, in a blog post.

Finch has evolved from a plug-in to a cloud-based collaboration platform that prevents costly and time-consuming errors while speeding up the early stage of a project.

This platform aims to allow users to optimise early-stage real estate development projects with AI and graph technology.

Finch generates floor plans adapted to local rules and regulations as well as constraints of the site while allowing all stakeholders to collaborate on a building project in real time — making it an industry first. 

Swedish startup Finch secures €2.5m to automate architecture
The platform allows users to optimise early-stage real estate development projects with AI and graph technology (credit: Finch)

By measuring performance, detecting errors and suggesting optimal solutions based on the user’s input parameters, Finch makes sure the right decisions are being made before construction begins.  

Pamela Wallgren, added: “As architects ourselves, my co-founder and I have first-hand experience of the pain of not having access to the kind of modern planning tools that we take for granted in all other industries.

“Instead of working collaboratively on a project in the cloud, we’d have to send projects as saved files back and forth between ourselves and external partners while manually visualising different floor plans and their constraints.

“With Finch, everyone involved in a project is able to see how different rules and regulations impact the building and its potential inside and out from the get-go.”

The startup has already onboarded strategic customers across Europe, the US, and the Middle East, including the architecture firms Herzog & de Meuron and White Arkitekter. It is also reported to have a waiting list of more than 12k sign-ups.

Peter Leuchovius, CIO at White Arkitekter, said: “The age of computational design is here and we want to be in the forefront. By using scripting, simulations and generative tools we inform our proposals in early stages.

“This allows us to make better design decisions where they are most needed and necessary to deliver sustainable architecture.”

With these new funds, Finch will develop its tech further and get ready for commercial launch. 

Image: Finch founders Martin Kretz, Pamela Nunez Wallgren and Jesper Wallgren

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