Several tech startups — FERMAT, Farsight, among others, have announced their venture capital funding to bolster innovation and business growth.
FERMÀT Raises $45 mn
FERMÀT, an AI-native commerce platform founded by Rishabh Jain and Shreyas Kumar, raised $45 million in a Series B round led by VMG Partners with additional investment from QED Investors, Greylock, Bain Capital Ventures, and Courtside Ventures. The strategy focuses on scaling its no-code AI platform to enable brands and agencies to build hyper-personalized post-click ecommerce experiences. Investment will be used to enhance AI capabilities such as Pierre Strategize AI and Commerce Brain, expand the commerce graph database, grow engineering and machine-learning teams, deepen agency partnerships, and strengthen enterprise sales and customer support. The technology integrates real-time behavioral data, AI-driven content generation, and dynamic funnel optimization through a proprietary commerce graph. The customer focus includes enterprise brands and digital agencies looking to improve shopper engagement, conversion rates, and marketing efficiency without heavy engineering. Innovation centers on adaptive commerce infrastructure that personalizes at scale. Benefits include faster deployment of tailored experiences, improved conversion metrics, and reduced engineering overhead. The CEO is Rishabh Jain.
Farsight Secures $16 mn
Farsight has announced a $16 million Series A funding round led by SignalFire, with participation from RRE Ventures, Link Ventures, K5 Ventures, and angel investors . The strategy is to deploy its agent-based AI platform across financial workflows such as CIM generation and DCF modeling to automate manual tasks and allow finance teams to focus on analysis and decision-making. Investment will support the expansion of its AI execution engine, team growth, and integration of firm-specific automation. The technology embeds AI agents directly into Excel and PowerPoint to generate deliverables based on financial data and modeling. The customer focus includes investment banks, private equity, and corporate finance teams seeking faster, more accurate, and scalable workflows. Innovation centers on agent-based automation tailored for finance. Benefits include increased speed, reduced manual work, higher productivity, and strategic impact from finance talent. The company was co-founded and is led by CEO Samir Dutta.
InfotechLead.com News Desk
