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

Wa'ed Ventures (Lead Investor)

private investors (Kane Minkus)

private investors (Osama Elkady)

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
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
aiXplain LinkedIn Company Profile
Social Media
aiXplain Company Twitter Account
Company News
aiXplain News
Facebook
aiXplain on Facebook
YouTube
aiXplain on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Hassan Sawaf
  Hassan Sawaf LinkedIn Profile  Hassan Sawaf Twitter Account  Hassan Sawaf News  Hassan Sawaf on Facebook
Co-Founder
Raed Masri
  Raed Masri LinkedIn Profile  Raed Masri Twitter Account  Raed Masri News  Raed Masri on Facebook


 

 

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Prev: 7/17/2024: Kandji venture capital transaction
Next: 7/17/2024: Amity Solutions venture capital transaction

 

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