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Synopsis
Translink Capital, a venture capital firm focused on cross-border technology investments, led a $23m Series A funding round in Foundation EGI, a creator of the engineering general intelligence platform, with participation from RRE Ventures, McRock Capital, Escape Investment Management, Fifth Growth Fund, E14 Fund, UNION, GRIDS Capital and Henry Ford III. "We backed Foundation EGI because this is one of the rare teams that combines deep technical mastery in AI with firsthand knowledge of how design and manufacturing actually work. In addition, we believe that there is a great market opportunity that exists in Japan, Korea and Taiwan where we have a strong track record of supporting our portfolio companies," Toshi Otani, Translink Capital, Co-Founder and Managing Director.
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