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Xmachina-Ai Inc. Closes $2.4 Million In Funding On Over Subscribed Seed Round

Dec 13, 2021•over 3 years ago

Amount Raised

$2.4 Million

Round Type

seed

Vancouver

Description

Xmachina-AI Inc. (“Xmachina” or the “Company”) is pleased to announce the successful closing of the Company’s seed round. Initially slated for $2 million, the seed round was over-subscribed by 20% to just over $2.4 million. “We could not be happier with the reception from the investment communities to our approach to the artificial intelligence (“AI”) sector,” commented Claude Theoret, CEO of Xmachina.

Company Information

Company

Xmachina Ai

Location

Vancouver, Washington, United States

About

The Company is preparing to accept interest in its pre-IPO round that is projected to offer $4M at $0.25 per common share and enhance the Company’s acquisition strategy through to listing on the CSE.