Front-end DevTools startup Locofy.ai raises $4.25 million

Locofy.ai, a front-end development acceleration platform that uses artificial intelligence to convert designs to code, has raised $4.25 million in its second seed-stage round of funding led by TPG Capital-backed private equity firm Northstar Ventures.

Other participating investors included returning investors Golden Gate Ventures, Accel in India, Aviondor Group, founders and technology heads at other startups, among others, the company said in a statement.