Ghostboard pixel

Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

Scavenger AI secured €1.1 million to develop its AI-powered business consultant

Scavenger AI announced a successful 1.1 million EUR pre-seed funding round led by HTGF and backed by Calm/Storm Ventures, Femventix, and the B4i Fund. The secured funds will enable Scavenger AI to grow its team and infrastructure, as well as launch its AI-powered software solution.

Ellie Ramirez-Camara profile image
by Ellie Ramirez-Camara
Scavenger AI secured €1.1 million to develop its AI-powered business consultant
Credit: Scavenger AI

The pre-seed funding round was led by HTGF jointly with Calm/Storm Ventures, Femventix, and the B4i Fund. Scavenger AI is a German data analytics and AI startup working on an AI-powered business consultant that will enable enterprises to solve complex data analytics challenges in seconds and accelerate essential decision-making processes. Scavenger AI's solution follows a workflow based on three AI-powered tools that clean, analyze, and interpret data to provide clear answers in natural language. Where mathematical results are required, Scavenger presents them as a data-enriched dashboard. The company plans to invest the raised funds to expand its team, establish the necessary technological infrastructure to meet customer demand, and launch its AI-powered software solution.

Ellie Ramirez-Camara profile image
by Ellie Ramirez-Camara

Data Phoenix Digest

Subscribe to the weekly digest with a summary of the top research papers, articles, news, and our community events, to keep track of trends and grow in the Data & AI world!

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More