Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > December 2019 VC Transactions
Hugging Face

Tech Company Financing Transactions

Hugging Face Funding Round

Hugging Face, operating out of New York, secured $15 million from Lux Capital, A.Capital Ventures and Betaworks.

Transaction Overview

Company Name

Hugging Face

Announced On

12/18/2019

Transaction Type

Venture Equity

Amount

$15,000,000

Round

Undisclosed

Investors

Lux Capital (Lead Investor) (Brandon Reeves)

A.Capital Ventures

Betaworks

private investors (Gregory Brockman)

private investors (Kevin Durant)

private investors (Richard Socher)

Proceeds Purpose

With today's funding round, the company plans to triple its headcount in New York and Paris.

Company Information

Company Status

Private & Independent

Industry

Mobile

Mailing Address

Undisclosed
New York, NY 10001
USA

Phone

Undisclosed

Website

www.huggingface.co

Email Address

Not Recorded

Overview

Hugging Face develops an artificial intelligent friend. Hugging Face is a social AI who learns to chit-chat, talks sassy, and trades selfies with users.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Clement Delangue

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