Case Study - Planarific - PropTech R&D Claim Video

Here is the full video script:

Planarific Limited is a high-tech startup founded by Dr. Ran Xiao, a pioneer in spatial intelligence. The company is developing an AI-enabled platform designed to accelerate retrofit in the social housing sector – an ambitious mission tackling some of the hardest problems in the industry.

Funded through Innovate UK grants and Ran’s own investment, Planarific is currently pre-revenue. At this early stage, financing is critical, and getting R&D tax credits has played an important role in supporting the company’s growth.

The research and development work carried out by Planarific is at the cutting edge of AI. Their team is focused on creating a semantic understanding of residential buildings by transforming imagery into point cloud models which is a digital 3D representation of an object or space, made up of a huge number of points in three-dimensional coordinates. From there, they can analyse the data to identify individual building components such as roofs and walls – a technically complex process requiring significant innovation.

Navigating the rules around R&D tax credits can be challenging for a startup, but with expert guidance from R&D Tax, Planarific was able to prepare a robust claim. The claim was processed quickly, without queries, and provided valuable funding that will help sustain the business as it continues its pioneering work.

For Dr. Xiao, the experience was not only positive but also strategic. It gave the company a clear understanding of the claims process, the timelines involved, and the types of expenditure that qualify – knowledge that will shape future planning and investment.

By combining grant funding, personal investment, and R&D tax relief, Planarific is well positioned to push forward with its vision: using advanced AI to transform the way we understand and retrofit social housing.

See more Case Studies claiming R&D tax credit and RDEC.