Tech Company Financing Transactions
Solvo.AI Funding Round
On 11/1/2022, Solvo.AI secured $4 million in Seed funding from Frontline Ventures and Speedinvest.
Transaction Overview
Company Name
Announced On
11/1/2022
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Frontline Ventures (Lead Investor)
Speedinvest (Lead Investor)
Proceeds Purpose
The company intends to use the funds to scale the commercialization of its first product and to ramp up sales and business development.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
21 Copper St Argyle Walk
London England,, E20 3AU
UK
London England,, E20 3AU
UK
Phone
Undisclosed
Website
Email Address
Overview
We started our journey in the most uncertain and volatile time, driven by the global pandemic. The idea around Solvo.ai represented for us a bright light at the end of the tunnel. We are a team with a combined experience of over 100 years in Logistics, artificial intelligence and scaling startups. The team's collective skillsets cover artificial intelligence, mathematics, mechanical engineering, logistics operations and economics.
Management Team
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We do our best to document all VC transactions involving tech companies. VC investment data records on this site come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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