Tech Company Financing Transactions
minds.ai Funding Round
Monta Vista Capital participated in a $5.30 Seed funding round for minds.ai. The financing round was announced by the company on 10/10/2023.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$5
Round
Seed
Investors
Monta Vista Capital (Lead Investor) (Venkatesh Shukla)
Proceeds Purpose
We're on a mission to completely transform the semiconductor industry through the application of various deep learning techniques. These technologies are key to solving some of the biggest pain points in this sector, with the ability to deliver results that existing tools could never achieve. The investment from Monta Vista Capital and Momenta will help accelerate our journey
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
Undisclosed
Santa Cruz,, CA Undisclosed
USA
Santa Cruz,, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Semiconductor manufacturers and fabs can no longer afford to innovate at the pace humans alone can sustain. AI solutions augment what they do best, so they can do it better. We began minds.ai by applying deep learning solutions to enterprise business problems in pharma, the automotive industry, and enterprise operations. From there, we created DeepSim, a flexible AI engine that combines a powerful mix of open-source and proprietary AI tools into a simple, stable, cloud-based platform. minds.ai Maestro uses DeepSim as a backbone, helping optimize processes for leaders in large-scale semiconductor manufacturing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sumit Sanyal
Co-Founder
Tijmen Tieleman
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