Tech Company Financing Transactions
Edgify Funding Round
Edgify secured a $6.5 million Seed funding round on 10/14/2020. Investors included Mangrove Capital Partners, Octopus Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/14/2020
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
Mangrove Capital Partners (Hans-Jürgen Schmitz)
Octopus Ventures (Simon King)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
138 Holborn
London, EC1N 2SW
UK
London, EC1N 2SW
UK
Phone
Website
Email Address
Overview
By training AI models at the edge where the data is generated, one can train on the entire data generated, without compressing, or sampling the data in order to make it easily transferable to the cloud/server, and without the need to anonymise it for privacy reasons.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ofri Ben-Porat
Chief Technical Officer
Nadav Israel
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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