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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. The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners.