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

Exactly.ai Secures €4 Million in Seed Round

Exactly.ai, a London, UK-based generative AI platform designed to help artists commercialize their work, secured €4 million in seed funding.

Ben Murray profile image
by Ben Murray
Exactly.ai Secures €4 Million in Seed Round

Exactly.ai, a London, UK-based generative AI platform designed to help artists commercialize their work, secured €4 million in seed funding.   

Investors  

The round was led by Speedinvest, with additional support from InReach Ventures, Cornerstone VC, GuruDev Capital, and various international angel investors and funds.

Speedinvest is a venture capital fund with more than €1B to invest in pre-Seed, Seed, and early-stage tech startups across Europe. It was founded in 2011, and is based in Vienna, Austria. 

Exactly.ai Use of Funds  

The company will use the funds to further develop its technology, expand its team, and increase its outreach to artists and creative professionals worldwide.  

About Exactly.ai  

Founded in 2022 by Tonia Samsonova, Exactly.ai is a generative AI platform that helps artists commercialize their work by rapidly reproducing designs at scale while retaining legal ownership over their art. The platform empowers artists to build and train their own generative AI models based on their unique artistic practices and original designs. Exactly.ai has already attracted 30,000 registered users from around the world.  

Funding Details                    

Company: Durer AI Ltd.  

Raised: €4.0M                              

Round: Seed Round  

Funding Month: May 2024                               

Lead Investors: Speedinvest  

Additional Investors: InReach Ventures, Cornerstone VC, GuruDev Capital  

Company Website: https://exactly.ai/   

Software Category: Artwork Creation  

Source: https://www.eu-startups.com/2024/05/london-based-exactly-ai-raises-e4-million-to-help-artists-communities-monetise-work-at-scale/ 

Ben Murray profile image
by Ben Murray

Subscribe to New Posts

Learn what companies and software categories are raising!

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