London-based Builder.ai, an artificial intelligence-powered composable software company, has raised $250 million in Series D funding led by the Qatar Investment Authority (QIA).
The investment will help fund its innovation pipeline and expand its geographic presence, the company said in a statement on Tuesday. It has raised more than $450 million so far.
The Series-D round included participation from additional existing and new investors including Iconiq Capital, Jungle Ventures & Insight Partners.
"This investment is aligned with QIA’s strategy of supporting innovative companies shaping the future of the global economy,” said Ahmed Ali Al-Hammadi, CIO for Europe, Türkiye and Russia at QIA.
(Writing by Brinda Darasha; editing by Seban Scaria)