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Profet AI closes Series A with $5.6M to fuel regional expansion, product development

AsiaTechDaily

Its existing investors Hive Ventures, AUO and SVTI also participated in the round, joined by Darwin Ventures, Harbinger VC, and Jensen Capital Management. percent from 2022 to 2030 as more enterprises employ AI and machine learning tools to drive predictive algorithms and applications for operational optimization.

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Profet AI helps manufacturers build prediction models and industrial AI software

TechCrunch

Returning investors Hive Ventures, AUO and SVTI also participated, along with Harbinger VC and Jensen Capital Management. Founded in 2018, Profet AI’s customers include Foxconn, Advantech and ASE Group, and it says it doubled its revenue in 2022. The round was led by Darwin Ventures.