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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. The company has doubled its revenue in 2022, a demonstration of strong growth with a capital efficiency ratio of over 1:1. AUO, and Cheng Shin Rubber, etc.,

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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. Profet AI , a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 million in Series A funding. The round was led by Darwin Ventures.