Tech Company Financing Transactions
aiXplain Funding Round
aiXplain closed a $6.5 million Series A funding round on 7/17/2024. Investors included Wa'ed Ventures and private investors.
Transaction Overview
Company Name
Announced On
7/17/2024
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
16535 Grant Bishop Lane
Los Gatos,, CA 95032
USA
Los Gatos,, CA 95032
USA
Phone
Website
Email Address
Overview
aiXplain specializes in cutting-edge AI research to provide a development and hosting environment for effortlessly creating complex, explainable AI solutions. Product managers, executives, and businesses across industries benefit from enhanced decision-making and operational efficiency without requiring extensive AI expertise.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hassan Sawaf
Co-Founder
Raed Masri
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