Deals
QIA Leads $250 Million Funding Round for App Platform Builder.ai
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The Qatar Investment Authority is leading a series D funding round of more than $250 million for Builder.ai, the mobile app development startup backed by Microsoft Corp.
The sovereign wealth fund was joined by existing and new investors including Iconiq Capital, Jungle Ventures and Insight Partners, London-based Builder.ai said in a statement Tuesday. That takes the total amount raised by the company to more than $450 million.