Tech Company Financing Transactions
Convergence Funding Round
Convergence closed a $12 million Seed funding round on 9/26/2024. Investors included Balderton Capital, Salesforce Ventures and Shopify.
Transaction Overview
Company Name
Announced On
9/26/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to develop novel models that power Proxy assistants, going beyond the current generation of AI, with a focus on enabling continual learning and skill acquisition through memory.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
3rd Floor 1 Ashley Road
Altrincham, Cheshire, WA14 2DT
UK
Altrincham, Cheshire, WA14 2DT
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Our mission is to build a future of abundance for all of humanity. We stand at a pivotal moment in history. AI is reshaping our world, and its potential to enhance human capabilities is unprecedented. At Convergence, we're committed to ensuring this technological revolution benefits everyone--not just a select few.
Management Team
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