Tech Company Financing Transactions
Element AI Funding Round
Element AI closed a $102 million Series A financing round on 6/15/2017. Investors included Data Collective, BDC Venture Capital and Fidelity Management & Research Company.
Transaction Overview
Company Name
Announced On
6/15/2017
Transaction Type
Venture Equity
Amount
$102,000,000
Round
Series A
Investors
Proceeds Purpose
In addition to laying the groundwork to hire hundreds of top researchers, this new funding will enable Element AI to aggressively expand on a global scale focusing on AI-powered solutions for their customers in cybersecurity, fintech, manufacturing, logistics and transportation, and robotics.
Company Information
Company Status
Acquired or Merged
Industry
Alternative Energy
Mailing Address
6650 Saint-Urbain 500
Montreal QC, H2S 3G9
Canada
Montreal QC, H2S 3G9
Canada
Phone
Website
Email Address
Overview
Element AI delivers groundbreaking artificial intelligence solutions to enterprise companies, bringing together the best AI experts and top entrepreneurs to produce next generation AI capabilities for any organization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jean-François Gagné
Chief Scientific Officer
Nicolas Chapados
Co-Founder
Yoshua Bengio
Co-Founder
Jean-Sébastien Cournoyer
VP - Bus. Development
Omar Dhalla
VP - Engineering
Gabriel Duford
VP - Operations
Anne Martel
VP - R & D
Philippe Beaudoin
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