Tech Company Financing Transactions
WOMBO Funding Round
WOMBO, operating out of Toronto, Ontario, secured $9 million from Round 13 Capital, CoreWeave and NVIDIA.
Transaction Overview
Company Name
Announced On
9/6/2024
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand its team, accelerate product development, and explore new frontiers in AI-powered content creation.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
71 Charles Street East
Toronto, Ontario, M4Y 2T3
CN
Toronto, Ontario, M4Y 2T3
CN
Phone
Undisclosed
Website
Email Address
Overview
Developer of a mobile application designed to allow users to generate different artistic versions of themselves through a selfie. The company's application uses artificial intelligence to create lip-synced videos from photos, enabling users to express themselves in creative ways.
Management Team
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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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