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Scale Ai Announces $1.1-Million Investment Into Adastra X Taiga Building Products Supply Chain Optimization Project

PUBLIC · XTXXFAug 22, 2022

Round Type

Venture

TorontoManufacturingBiotechnologyHealth CareArtificial IntelligenceMedicalAnalyticsMachine LearningCannabis

Description

Adastra, a global leader in AI and machine learning, is proud to announce that it has been awarded a $1.1-million investment from SCALE AI to support a supply chain optimization platform project for their partner Taiga Building Products.

Quick answer

Adastra raised an undisclosed amount in a funding round, dated August 22, 2022. Adastra is based in Toronto, Ontario, Canada.

How much did Adastra raise?
Adastra raised an undisclosed amount in a funding round on August 22, 2022.
What does Adastra do?
Adastra is a global leader in data management, analytics and AI, offering enhanced services and capabilities to its clients.
Where is Adastra based and how big is it?
Adastra is based in Toronto, Ontario, Canada. Fundz records about 2,200 employees.
Who are the decision-makers at Adastra?
Fundz holds 1 contact at Adastra. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Medical and Analytics around the same time

Companies in the same sectors as Adastra that raised within 45 days of this round, from Fundz verified event records.

  • Optellum raised $14M (Series A) on September 27, 2022.
  • Incepto raised $27M (Funding Round) on September 19, 2022.
  • Automation Anywhere, Inc. raised $200M (Funding Round) on October 3, 2022.
  • Leuko raised $5M (Series A) on September 23, 2022.
  • Neochord raised $2.9M (Seed) on September 8, 2022.
  • Monteris Medical raised $14M on September 2, 2022.

Who to call at Adastra, and when

A new round usually means Adastra is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Adastra raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Adastra, from your own LinkedIn network

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Company Information

Company

Adastra

Location

Toronto, Ontario, Canada

About

Adastra is a global leader in data management, analytics and AI, offering enhanced services and capabilities to its clients.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Adastra raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Adastra raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.