Tech Company Financing Transactions
HavocAI Funding Round
HavocAI, based in Providence, raised $11 million from Scout Ventures, Trousdale Ventures and Alumni Ventures.
Transaction Overview
Company Name
Announced On
9/22/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand its production capacity, enhance product development, and accelerate customer acquisition.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
225 Dyer Street, 2nd Floor
Providence, RI 02903
USA
Providence, RI 02903
USA
Phone
Undisclosed
Website
Email Address
Overview
Constrained by outdated and costly R&D and production models, the U.S. and allies are unable to build sufficient maritime capacity to meet increasing global demands, nor advance their technological capabilities fast enough to maintain advantage over adversaries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Lwin
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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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