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

AsiaTechDaily

million in a funding round that was led by Darwin Ventures. Its existing investors Hive Ventures, AUO and SVTI also participated in the round, joined by Darwin Ventures, Harbinger VC, and Jensen Capital Management. Established in 2018, Profet AI is a significant enabler of corporate digitalization worldwide.

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Profet AI helps manufacturers build prediction models and industrial AI software

TechCrunch

The round was led by Darwin Ventures. 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. million in Series A funding.