Tech startups such as HPC-AI Tech, Avantra, Dexory, DessIA, Numa, among others, have announced their VC funding from venture capital firms.
HPC-AI Tech raises $50 mn
HPC-AI Tech, an AI startup specializing in AI software infrastructure and video generation, has raised $50 million in a Series A funding round.
Investors include Singtel Innov8, Sinovation Ventures, Capstone Capital, Greater Bay Area Homeland, Lingfeng Capital, and Stony Creek Capital.
HPC-AI Tech’s key clients includes four Fortune 500 companies. AWS, Alibaba, IBM, Intel, Grab, Panasonic, VIVO, Geely Auto, Bosch, Lambda Labs, and Oracle, are also some of its users.
HPC-AI Tech will use the VC funding for the development of platforms. HPC-AI Tech aims to grow its client base to 300 in the next three years, targeting a 75 percent annual growth rate.
Avantra receives funding
Avantra, a European provider of software solutions for monitoring and automating SAP operations, has received investment from Resurgens Technology Partners.
Dexory raises $80 mn
Dexory, a robotics and data intelligence company, has raised $80 million in a Series B funding round. The VC funding round was led by DTCP.
There was also participation from Latitude Ventures, Wave-X and Bootstrap Europe, along with existing investors Atomico, Lakestar, Capnamic and several angels from the logistics industry.
Dexory’s customers include GXO, Maersk, DB Schenker, among others.
Dexory will use the funding to enhance development and production facilities at its UK headquarters.
Dexory has raised $120 million to date.
DessIA receives funding
French startup DessIA, which is developing a software platform to automate engineering processes using artificial intelligence, has received investment from Orano Venture Fund.
DessIA has raised 3 million euros during the round. Existing investors Matterwave Ventures and Supernova Invest have also participated.
Numa raises $32 mn
Numa, the AI platform for auto dealerships, has raised $32 million in a Series B funding round led by Touring Capital and Mitsui & Co.
Existing investors Costanoa Ventures, Threshold and Google’s AI-focused venture fund, Gradient Ventures, also participated.
Numa will use the VC funding to expand its AI engineering team, and accelerate product development.
