Tech Company Financing Transactions
Plaio Funding Round
Plaio, based in Reykjavík, raised $4.7 million in funding from Frumtak Ventures.
Transaction Overview
Company Name
Announced On
8/14/2024
Transaction Type
Venture Equity
Amount
$4,700,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to implement strategic enhancements to the platform's "AI Coplanner" offering, as well as strengthen and develop both new and existing partnerships to consolidate its position in AI pharma planning solutions.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Bjargargötu 1
Reykjavík, 102
Iceland
Reykjavík, 102
Iceland
Phone
Undisclosed
Website
Email Address
Overview
PLAIO creates innovative software solutions that add direct value to the pharmaceutical manufacturing and planning process. PLAIO's modern visual planning solution makes the planner's life easier, utilizing artificial intelligence (AI) and other emerging technologies to support decision-making.
Management Team
Title
Name
Email & Social
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