Element AI looks to raise $250 mln Series B: BNN Bloomberg
Montréal-based artificial-intelligence solutions company Element AI is looking to raise $250 million in a Series B financing, according to a report by BNN Bloomberg. Sources told BNN Bloomberg the round would value Element AI at $1 billion. Founded in 2016, Element AI last year secured more than $137 million in a Series A led by DCVC and joined by Real Ventures, BDC Capital, Fidelity Investments Canada, Hanwha Investment, Intel Capital, Microsoft Ventures, National Bank of Canada, NVIDIA, Tencent and other investors.
3 July 2018•1 min read
