If you are looking for a new app for your Android device that you can use to help you with your daily tasks, you might want to take a look at the londonbased AI apax. This particular app offers you an easy to use interface to get the information you need. It also comes with some additional features, like a Glimpse Protocol.
The London based artificial intelligence firm has garnered a bevy of venture capitalists in the past few years, and the good news is that the company is a winner. The latest round of investments is the company’s biggest and best yet, with over PS40 million. And the best part is the management is on a roll. For a company that has only been around since 2011, it is certainly a keeper. After a tumultuous past few years, the resurgent is well positioned to take on the big boys in the artificial intelligence space. Among the most recent additions is the brains behind the company’s most notable product.
Cleo is a London-based artificial intelligence (AI) startup that helps consumers with their finances. The chatbot-style financial assistant is available in Facebook Messenger, and interacts with credit cards and bank accounts. Users can set alerts and spend goals, and Cleo will provide personalised insights into spending.
Cleo is backed by a number of individual investors from the tech world, as well as heavyweight backers. Skype co-founder Niklas Zennstrom and LoveFilm founder Simon Franks are among those who have invested in the company. And it’s been backed by a number of big name companies, including Albion, Climate Corporation, MMC Ventures and TriplePoint Capital.
Cleo has received more than $40 million in new investment, and it’s now worth about $500 million. Its latest round, which took place just over a year ago, was led by LocalGlobe, and included existing investors such as MMC Ventures and Albion. A Series B round is set to take place later this year.
This month saw a spate of big time tech funding with notable names like Amazon, Google and Apple making headlines, but what about the under-the-radar startups that are making waves in their own right? One of them is Auro, a UK based start-up that has built an AI powered personal trainer app for the fitness crowd. Its slick and suave interface is a winner, and its data driven avatar is the best of the breed. They’ve also garnered some early adopters in the form of SBI, Balderton Capital and EQT Ventures. Auro was founded in 2017 by a former Goldman Sachs banker named Anta Pattabiraman. With the money it plans to expand its mobile offerings, including an app for the fitness buffs that are in the dark.