AI property development firm PlanningHub has raised £300,000 in a funding round.
The London-based firm says its platform allows customers to access planning information for property development with ease using AI.
The investment, which was co-led by Fuel Ventures, will support the platform in its efforts in tackling the housing crisis globally and build upon its technology which is said to have the potential to save the UK economy £1.2bn annually.
Since securing this investment, PlanningHub has accelerated its mission to make planning data more accessible, streamlining a complex process to enhance decision-making and support efforts to tackle the housing crisis globally.
Founded by graduates of the Antler accelerator programme, PlanningHub has benefited from its funding, mentorship, and extensive customer network. It has also secured two prestigious UKRI grants.
Additionally, in 2024, it was selected from 150 applicants to join the UK’s only PropTech accelerator, the Geovation programme.
“This funding will allow us to further transform access to planning information, making the process faster, more accurate, and more efficient while expanding our impact across the public and private sectors,” said Ewa Moskwiak, CEO of PlanningHub.
“By enabling better decision-making and driving meaningful progress, we are bringing much-needed innovation to the planning industry and remain committed to empowering under-resourced public sector bodies, developers, property investors, and real estate professionals.”
Mark Pearson, founder of Fuel Ventures, added: “Planning Hub brings a fresh perspective to the challenges of the planning system, offering automation tools that streamline processes and reduce inefficiencies.
“Their focus on resolving issues like planning delays and development uncertainties is driving meaningful progress. We’re delighted to back their vision and are eager to see the benefits they will bring to local authorities and developers alike.”