Tech Company Financing Transactions
Explosion Funding Round
Explosion, based in Berlin, secured $6 million from SignalFire and private investors.
Transaction Overview
Company Name
Announced On
9/3/2021
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
SignalFire (Lead Investor) (Oana Olteanu)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Alexanderstr. 7
Berlin, 10178
Germany
Berlin, 10178
Germany
Phone
Undisclosed
Website
Email Address
Overview
Explosion is a software company specializing in developer tools for Artificial Intelligence and Natural Language Processing. We're the makers of spaCy, one of the leading open-source libraries for advanced NLP and Prodigy, an annotation tool for radically efficient machine teaching.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ines Montani
Chief Technical Officer
Matthew Honnibal
VP - Operations
Walter Henry
Browse more venture capital transactions:
Prev: 9/3/2021: FieldIn venture capital transaction
Next: 9/3/2021: HomeLight venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs