Uno Platform secures CAD $3.5M to boost developer tools

Montreal-based tech company Uno Platform has raised CAD $3.5 million in a seed funding round led by AQC Capital, bringing its total investment to date to CAD $6.5 million. The funding round was completed with participation entirely from Canadian investors, including Desjardins Capital and Oliva Capital in addition to AQC Capital.

A platform for cross-platform development

Uno Platform provides an open-source enterprise developer productivity platform intended for building cross-platform .NET applications that can run on mobile, web, and desktop environments. The platform is currently used by several large organisations, including Toyota, Microsoft, and Trade Zero.

The company has reported that the investment will be used to speed up the rollout of Uno Platform Studio, a set of premium software tools built atop the existing open-source foundation. A key feature of Uno Platform Studio is 'Hot Design', described as a patent-pending visual designer that enables developers to pause a running application and make real-time edits to the user interface. According to the company, this could increase development productivity by as much as tenfold.

There are also plans to introduce generative artificial intelligence features intended to boost developer productivity while seeking to avoid common issues identified with code generated by current AI tools.

Canadian .NET innovation

François Tanguay, Chief Executive Officer of Uno Platform, commented on the milestone, stating the funding will accelerate enterprise-ready applications for .NET developers.

"Raising this round entirely with Canadian capital is a proud milestone, not just for Uno Platform, but for the Canadian tech ecosystem as a whole. It shows that world-class innovation is happening right here at home. This investment allows us to keep growing in Canada, reinvest in Canadian talent, and help shape the future of global software development from our own backyard," said Tanguay.

With the added funds, Uno Platform aims to strengthen its offering for cross-platform .NET application development, focusing its efforts on unified tools, real-time visual editing, and generative AI support for developers.

"The modernization and digital transformation across industries is driving strong demand for innovative software solutions that help developers do more with less," says Nathalie Bernard, Chief Operating Officer of Desjardins Capital. "Our support in this seed round reflects confidence in promising companies led by experienced teams that contribute to Quebec's innovation ecosystem and have the potential for international growth."

The company's software aims to help developers create applications faster and more efficiently, while keeping processes tailored to enterprise requirements. The trust of high-profile clients and financial backers appears to provide further momentum for Uno Platform as it continues to develop and deploy its tools in Canada and beyond.

Uno's website states the software has over 300,000 contributors with an additional 131 million NuGet downloads. The platform's base offerings are free, while more tailored solutions like Hot Design and support are paid offerings.