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ConfidentialMind raised €1.5 million in a pre-seed funding round led by Failup Ventures and notable angel investors to revolutionize enterprise generative AI applications

PRIVATEJun 20, 2024

Amount Raised

€1.5 Million

Round Type

Pre-Seed

EspooInformation TechnologySoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingSaaS

Investors

Ilkka HiidenheimoFounder’s EdgeInnovestorAngel Co FundJonathan ScudderDaniel FriedJan GoetzJuha VartiainenFailup Ventures

Description

ConfidentialMind, based in Espoo, has secured €1.5 million in a pre-seed funding round aimed at transforming how enterprises and governments deploy generative AI applications. The funding will enable ConfidentialMind to accelerate its growth and expand its offerings beyond the cloud.

Quick answer

ConfidentialMind raised €1.5 Million in a Pre-Seed round, dated June 20, 2024. Investors: Ilkka Hiidenheimo, Founder’s Edge, Innovestor, Angel Co Fund, Jonathan Scudder, Daniel Fried, Jan Goetz and Juha Vartiainen. ConfidentialMind is based in Espoo, Uusimaa, Finland.

How much did ConfidentialMind raise?
ConfidentialMind raised €1.5 Million in a Pre-Seed round on June 20, 2024.
Who invested in ConfidentialMind?
Ilkka Hiidenheimo, Founder’s Edge, Innovestor, Angel Co Fund, Jonathan Scudder, Daniel Fried, Jan Goetz and Juha Vartiainen are named as investors in this round.
What does ConfidentialMind do?
ConfidentialMind is an Espoo, Finland based AI startup building a next generation generative AI platform for the most demanding on-premises and private cloud environments.
Where is ConfidentialMind based and how big is it?
ConfidentialMind is based in Espoo, Uusimaa, Finland.
Who are the decision-makers at ConfidentialMind?
Fundz holds 1 contact at ConfidentialMind. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Language Processing and SaaS around the same time

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

  • Shaped raised $8M (Series A) on July 17, 2024.
  • Smartcat raised $43M on July 3, 2024.
  • Realm raised $1.9M (Seed) on June 4, 2024.
  • LivePerson raised $100M (Convertible Note) on May 13, 2024.
  • Gnani AI raised $4M (Funding Round) on August 2, 2024.
  • EvolutionIQ raised $20M on July 30, 2024.

Who to call at ConfidentialMind, and when

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

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Company Information

Company

ConfidentialMind

Location

Espoo, Uusimaa, Finland

About

ConfidentialMind is an Espoo, Finland based AI startup building a next generation generative AI platform for the most demanding on-premises and private cloud environments. Our standalone microservices genAI software infrastructure stack enables our customers to deploy and develop complex genAI systems on top the most valuable data in the world.

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ConfidentialMind 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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