Tech Company Financing Transactions
Scavenger AI Funding Round
On 4/11/2024, Scavenger AI raised $1.2 million in Seed funding from Calm/Storm Ventures and High-Tech Gründerfonds.
Transaction Overview
Company Name
Announced On
4/11/2024
Transaction Type
Venture Equity
Amount
$1,200,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to to expand its team and develop the technological infrastructure to meet current customer requirements and launch the software on the market.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Alt-Heddernheim 13
Frankfurt am Main, 60439
Germany
Frankfurt am Main, 60439
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Felix and Max both experienced the same problem in different corporations: Companies have tons of data and create more everyday but they lack the time and the resources to actually draw any insights out of it. This poses a big problem for any decision-maker if you have to take a decision but do not have the necessary insights into your data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Felix Beissel
Co-Founder
Maximilian Hahnenkamp
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