Tech Company Financing Transactions
Lamarr.AI Funding Round
Lamarr.AI, based in Atlanta, secured $1.1 million in funding from Hazelview Ventures and Newlab.
Transaction Overview
Company Name
Announced On
10/16/2024
Transaction Type
Venture Equity
Amount
$1,100,000
Round
Seed
Investors
Hazelview Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to productize and scale tools that eliminate carbon emissions while reducing building maintenance & ownership costs.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
401 17th St NW
Atlanta, GA 30363
USA
Atlanta, GA 30363
USA
Phone
Undisclosed
Website
Email Address
Overview
Defining pathways for future cities by developing technology innovations. Lamarr.AI entered the market in 2023 as the product of more than 6 years of DOE funded research across MIT, Georgia Tech, and Syracuse University. We are on a mission to create a sustainable & resilient build environment by revolutionizing building design, ownership,& management through bleeding-edge tools that eliminate CO2 emissions while reducing maintenance & ownership costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tarek Rakha
Chief Operating Officer
Norhan Bayomi
Chief Scientific Officer
John Fernández
Chief Technical Officer
Senem Velipasalar
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