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

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

12/13/21, 12:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvancouver
Money raised
$2.4 million
Round Type
seed
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 Info

Company
Xmachina Ai
Location
vancouver, washington, united states
Additional Info
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.