Tech Company Financing Transactions
Bifrost AI Funding Round
On 10/31/2024, Bifrost AI secured $8 million in Series A investment from Carbide Ventures, Airbus Ventures and MD One Ventures.
Transaction Overview
Company Name
Announced On
10/31/2024
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the commercialization of its product for heavy industries such as aerospace, maritime, manufacturing, and national security.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We are a team of AI scientists, robotics developers, computer graphics engineers, and Hollywood artists, brought together by one mission: to give AI the data and tools it needs to solve complex problems in the physical world. We've built AI that outperformed Google in clinical trials, developed autonomy for self-driving cars, won awards in computer graphics for photorealistic simulations, and rolled out nation-scale contact-tracing algorithms during the pandemic.
Management Team
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We do our best to document every notable VC transaction. VC transactions on this site are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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