Kenmei, a Valencian startup specializing in AI-driven telecommunications solutions, raised four million euros in Series A funding led by Andorra Telecom to accelerate growth and innovation in the sector.
Target Information: Kenmei
Kenmei is a Valencian-based startup that has positioned itself as an innovator in the telecommunications sector through its cutting-edge software solutions. It specializes in utilizing Artificial Intelligence (AI), especially Generative AI (GenAI), to solve the complex challenges faced by traditional telecommunications companies. Since its establishment in 2018, Kenmei has been harnessing Big Data and Machine Learning to enhance the operations of mobile operators.
The company offers a Software as a Service (SaaS) product called ADELE®, which employs proprietary AI algorithms to process vast amounts of mobile network data. This capability allows Kenmei to significantly reduce issues related to network management, including interference analysis and energy consumption optimization. With a promising market potential and substantial traction in the industry, Kenmei is poised for significant growth.
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Industry Overview in Spain
The telecommunications industry in Spain is experiencing a transformative phase driven by advancements such as 5G networks and the Internet of Things (IoT). As traditional telecommuni
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Andorra Telecom
invested in
Kenmei
in 2023
in a Series A deal
Disclosed details
Transaction Size: $4M