USA, Austin-based Cedar has raised $3 million in Seed funding led by Caffeinated Capital, featuring participation from Tishman Speyer Ventures, Maria Davidson (CEO of Kojo), David Rubenstein via Shorewind Capital, Alumni Ventures, and others. Cedar's generative building design platform employs algorithms and data to rapidly generate diverse building designs, predicting development yield accurately and converting complex land-development regulations into feasible development scenarios. The funding will fuel the company's expansion plans, targeting major American cities in the next 12-18 months after establishing coverage in Austin.