Endra, a Stockholm-based AI-driven platform specializing in mechanical, electrical, and plumbing (MEP) design, has successfully raised $20 million in a Seed funding round. This round was led by Notion Capital, with contributions from Norrsken VC and several angel investors. Notion Capital, a London-based venture capital firm, focuses on European B2B SaaS and cloud companies. The firm manages over $1 billion in assets and recently launched a $130 million growth fund aimed at capitalizing on the “AI supercycle.”
Endra plans to utilize the new funds to triple its workforce and expand its operations into the United States, United Kingdom, and Germany. Additionally, the company aims to enhance its platform by incorporating HVAC and plumbing design capabilities alongside its existing electrical systems. Founded by Niklas Lindgren, Anton Juric, David Rydberg, and Gustav Hammarlund, Endra offers a vertical SaaS solution that automates MEP design for commercial buildings. The platform integrates with Autodesk Revit and employs advanced technologies such as large language models, machine learning, and 3D simulations to produce code-compliant engineering models and documentation. Since its launch in August, Endra has garnered a waiting list of over 600 companies across more than 90 countries.
