Illumex secured an $11 million seed funding round led by Cardumen Capital, Samsung, and Amdocs to enhance its semantic data layer for AI adoption in large corporations.
Information on the Target
On June 25, 2024, Illumex finalized its $11 million seed funding round led by Cardumen Capital, Samsung, and Amdocs. The investment aims to enhance the adoption of its semantic data layer, facilitating artificial intelligence integration across large enterprises.
Illumex has positioned itself as a crucial player in the AI sector by providing solutions that bridge the gap between raw data and actionable insights through its advanced semantic technology.
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The AI industry is rapidly evolving in Spain, with substantial investments pouring into startups and technology firms dedicated to artificial intellig
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Cardumen Capital, Samsung, Amdocs
invested in
illumex
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $11M