Locofy.ai joins low-code movement with backing from Accel and startup founders

THE global shortage of software developers is sending the tech industry into a tailspin, with average salaries ballooning and companies resorting to poaching tech talent from one another.

Amid the lack of resources, a "low code/no code" movement is gaining ground. At its core, is the idea is that people should have the means to build websites, apps and chatbots with little to no coding involved.

Singapore's Locofy.ai is among startups building such platforms. The company, founded last year, raised US$3 million from Accel and other investors to work on a product that converts designs to production-ready code and live prototypes.