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Element AI raises $102 million Series A funding round

By TechTaffy Desk

Canadian artificial intelligence company Element AI, has raised a $102 million Series A funding round. Data Collective led the investment, with participation from Real Ventures, Development Bank of Canada, Fidelity Investments Canada, Hanwha Investment, Intel Capital, Microsoft Ventures, National Bank of Canada, Nvidia, and Tencent.

Co-founded in 2016 by Jean-François Gagné and AI researcher Yoshua Bengio in Montreal, Element AI provides customized applications and solutions to companies that can be integrated into existing processes.

[Image courtesy: Element AI]

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