PlanningHub Raises £300k to Innovate Global Housing Sector
Deal News | Feb 18, 2025 | Business Cloud
PlanningHub, a London-based AI property development firm, has raised £300,000 in a funding round co-led by Fuel Ventures. The firm's platform facilitates easy access to planning information, leveraging AI to tackle the global housing crisis and potentially save the UK economy £1.2 billion annually. Founded by Antler accelerator graduates, PlanningHub has accelerated its mission to streamline planning processes, enhance decision-making, and increase platform accessibility across public and private sectors. The company benefits from UKRI grants and participation in the Geovation programme, with the new funding aiming to expand its impact and improve efficiency.
Sectors
- PropTech
- Artificial Intelligence
- Venture Capital
Geography
- United Kingdom – PlanningHub is based in London, and part of its mission is to impact the UK economy with significant savings. It is also participating in UK-based accelerator programmes.
Industry
- PropTech – The article describes PlanningHub as a PropTech company, involved in using technology to streamline processes in the property development sector.
- Artificial Intelligence – PlanningHub utilizes AI for more efficient property planning processes, which is central to their service offering.
- Venture Capital – Fuel Ventures, a venture capital firm, has co-led the funding round, showcasing the role of VC investment in tech-driven firms.
Financials
- 300000 – The total amount raised by PlanningHub in its funding round.
- 1200000000 – The potential annual savings to the UK economy projected by PlanningHub's technology.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PlanningHub | Target Company | Company | An AI property development firm focused on enhancing access to planning information. |
| Fuel Ventures | Investor | Company | A venture capital firm that co-led the funding round for PlanningHub. |
| Antler | Accelerator Programme | Company | A start-up accelerator programme that supported PlanningHub's founders. |
| Geovation Programme | PropTech Accelerator | Company | The UK’s only accelerator focused on supporting PropTech companies, which PlanningHub recently joined. |
| UKRI | Grant Provider | Government | The UK Research and Innovation body that awarded grants to PlanningHub. |