[ Element AI raises $102M in Series A ]
Element AI has raised $102 million in Series A funding.
Founded in 2016, Element AI solves impossible problems for global organizations that urgently need to use AI in combination with their proprietary and valuable data to leap ahead of their competitors.
The company will use the funding to accelerate its capabilities and plans to solidify its position as “the largest global artificial intelligence company in Canada.” Element AI intends to create 250 jobs in Canadian tech by January.
|Founder / CEO||Jean-Francois Gagné|
|Business Development Bank of Canada|
|National Bank of Canada|
|Hanwha Investment Corp|
|Previous Investors||500 Startups Canada|