AntWorks, a Singapore-based Artificial Intelligence (AI) and Intelligent Automation products and solutions company, raised $15m in Series A funding.
SBI Investment Co., Ltd., a subsidiary of SBI Holdings, Inc., which conducts investments and management of venture capital funds, made the investment at an undisclosed valuation.
The company intends to use the funds to continue to grow its Artificial Intelligence & Enterprise RPA, accelerate R&D, strengthen its marketing and sales engine, and enter into newer markets.
Founded by Asheesh Mehra, Co-Founder and Group CEO; Govind Sandhu, Co-Founder and Chief Financial Officer, AntWorks is a global, artificial intelligence (AI) and intelligent automation company creating new possibilities with data through automation, digitization, and enterprise intelligence. They provide an integrated, intelligent, automation enterprise-level product powered by Fractal Science that can ingest and process all forms of data, structured, unstructured, inferred, or image data.
The company provides solutions for about 450+ customers and with a presence in 4 continents.