Dawn Capital led a $35m Series A round in FlowX.AI.

Dawn Capital, a private equity firm, led a $35m Series A round in FlowX.AI, an enterprise application modernisation platform. "For a long time enterprises have been promised useful tools for modernizing their business. Many promises have been made over the years related to speed of digital product development, no code / low code, citizen programmers, and many others. But these promises have not been kept. Instead, enterprises got a thousand disjointed point solutions and ended up captive to inflexible solutions, vendors, and proprietary technologies. FlowX.AI addresses this problem. We are proud our platform has been consistently enabling customers to accelerate application modernization in an unprecedented way: what used to take years is now being done in weeks," Ioan Iacob, FlowX.AI Founder and CEO.