Mach9 Raises $34M for AI CAD Software

Mach9 announced a $34 million Series A funding round on Wednesday, co-led by First Round Capital and Bessemer Venture Partners. The startup pivoted from hardware to AI-powered computer-aided design software after realizing data processing was the bottleneck. With nearly 100 beta customers and 2,500 projects, the company aims to automate civil engineering workflows ten times faster than legacy tools.