Tech Company Financing Transactions
Raicoon Funding Round
On 10/10/2023, Raicoon raised $4.2 million in Seed financing from Push Ventures, private investors and Voltares.
Transaction Overview
Company Name
Announced On
10/10/2023
Transaction Type
Venture Equity
Amount
$4,205,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds for:Software Upgrades: Advancing the AI and ML capabilities that define raicoon AOC.Self-Service SaaS: A new self-service portal designed to democratize access to autonomous energy management.Global Reach: Deepening presence in the U.S. and APAC, backed by a new U.S. entity and an APAC subsidiary. Further scale the transformative solution worldwide.Team Expansion: Enhancing customer support, establishing a global commercial sales organization, boosting software development.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Neustiftgasse 32/left factory building Top 12
Vienna, 1070
AU
Vienna, 1070
AU
Phone
Undisclosed
Website
Email Address
Overview
We're driven and inspired by the same traits associated with raccoons. They're highly communicative creatures who are active in both the day and night, and who acquire new skills with ease. They're intelligent, curious, and they approach problems systematically. You can see the similarities -- raicoon AOC doesn't just present you with the data, it actually communicates what the correct next steps are. Just like a raccoon digs through dirt and waste to find its treasure, the AOC digs for faults 24/7 to recover valuable renewable energy. And with the power of AI and machine learning, raicoon is always learning, so energy output is always optimizing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ralf Tschanun
Chief Technical Officer
Michael Edelbacher
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