Younite-AI, a New York-based technology company specializing in AI (Artificial Intelligence) and XR (Extended Reality) software solutions, secured a substantial round of private equity investment.
SaaS Investors
The investment was from Bocap.
Founded in 2012, Bocap is a private equity firm based in Helsinki, Finland. The firm prefers to invest through buyouts and growth capital. The firm prefers to invest in companies in the healthcare, financial services, and information technology sectors based in Finland.
Younite-AI Use of Funds
The funding will enable Younite-AI to accelerate the development of its AI and XR software solutions. The company is poised to leverage the investment to further advance its technology and expand its presence in the AI and XR markets.
About Younite-AI
Founded in 2017 and led by Afa Heikkinen, Younite-AI is a creative technology company focused on building the next generation of AI & XR-based digital products and systems. The company's talented team combines expertise in design, development, AI, 3D technologies, and creative thinking to solve business problems, crafting solutions that generate immediate, and ever-increasing ROI. The company is headquartered in New York, with additional operations in Helsinki and Oulu.
Funding Details
Company: Younite AI
Raised: Undisclosed
Round: Unknown
Funding Month: September 2023
Lead Investors: Bocap
Additional Investors:
Company Website: https://younite-ai.com/
Software Category: AI and XR Software Solutions
Source: https://www.prnewswire.com/news-releases/younite-ai-secures-significant-private-equity-investment-to-accelerate-aiextended-reality-xr-software-development-301920980.html