Tech Company Financing Transactions
Taalas Funding Round
Taalas, based in Toronto, Ontario, secured $50 million from private investors and Quiet Capital.
Transaction Overview
Company Name
Announced On
3/5/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
private investors (Lead Investor) (Pierre Lamond)
Quiet Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Toronto, Ontario, Undisclosed
Canada
Toronto, Ontario, Undisclosed
Canada
Phone
Undisclosed
Website
Email Address
Overview
Taalas is creating a platform for quickly turning any AI model into custom silicon. The resulting Hardcore Models are 1000x more efficient than their software counterparts. AI models are changing the world. As software, they are extremely computationally demanding. A 1000x improvement in efficiency is needed. This goal is far out of reach of our best programmable computers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Lejla Bajic
Founder
Ljubisa Bajic
Founder
Drago Ignjatovic
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