FundedStartupsDaily / PropTech & Construction / Illoca

Illoca raises $13M

Illoca announced a Seed round of $13M on 6 May 2026. The company operates in PropTech & Construction and is based in United States. It was founded by Chin-Yi Cheng, Co-Founder & CEO.

Raised
$13M
Stage
Seed
Industry
PropTech & Construction
Country
United States

Founder

Chin-Yi Cheng
Co-Founder & CEO, Illoca
LinkedIn profileilloca.com

Outreach angles

  • -Chin-Yi Cheng pioneered generative AI for architectural design through research at Google DeepMind and the Autodesk AI Lab.
  • -Co-founded Illoca with COO Chiaowei Yu, who led Tesla's BIM team delivering large-scale manufacturing facilities before joining.
  • -$13M seed led by Bessemer Venture Partners to scale Tracing Paper, an AI design canvas that targets the 1,300 production hours architects lose every year.

Signals

SeedPropTechAI-NativeVertical SaaSEx-FAANGProduct Launch

Round details

Company: Illoca
Domain: illoca.com
Amount: $13M
Stage: Seed
Industry: PropTech & Construction
Country: United States
Announced: 6 May 2026
Source: announcement

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