Announced
Completed
Financials
Tags
Single Bidder
IT Services: Other
Friendly
artificial intelligence technology
Private
Private Equity
Cross Border
United States
Completed
Venture Capital
Minority
Acquisition
Synopsis
A consortium of investors including March Capital, Doha Venture Capital, B. Riley Venture Capital, AEI Horizon X, Temasek, Alan Howard, and Peter Loscher, led a $123m Series D round in SparkCognition, an artificial intelligence software solutions provider. "Our AI solutions address core infrastructure challenges, including asset optimization, preventing zero-day cyberattacks, augmenting skill gaps, and enabling climate change initiatives. This additional capital will enable us to deepen our subject matter expertise, enhance our patent portfolio, and accelerate the diversity of problems we solve for customers, maximizing their return on investment," Amir Husain, SparkCognition Founder and CEO.
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