Tech Company Financing Transactions
ALICE Technologies Funding Round
On 10/31/2019, ALICE Technologies landed $8 million in Series A investment from Merus Capital, Blackhorn Ventures and Foundamental Capital.
Transaction Overview
Company Name
Announced On
10/31/2019
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Merus Capital (Lead Investor) (Peter Hsing)
Proceeds Purpose
The new funds will be used to accelerate the company's go-to-market plans, international expansion and product innovation.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
104 W 27th St. 6th Floor
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Not Recorded
Overview
ALICE Technologies is the world's first AI-based simulation platform for construction. Founded in 2015 from research at Stanford University, ALICE Technologies is a construction simulation platform that leverages artificial intelligence to analyze a project's complex building requirements and generate highly efficient building plans.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rene Morkos
Browse more venture capital transactions:
Prev: 10/31/2019: TOCA Football venture capital transaction
Next: 10/31/2019: Folloze venture capital transaction
Share this article
About Database of VC Transactions
We do our best to record all VC transactions involving tech companies. VC investment data records reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs