Tech Company Financing Transactions
Lemurian Labs Funding Round
On 10/5/2023, Lemurian Labs raised $9 million in investment from Oval Park Capital, AI Operators Fund and Alumni Ventures.
Transaction Overview
Company Name
Announced On
10/5/2023
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Toronto, Ontario, L6H 0G8
CA
Toronto, Ontario, L6H 0G8
CA
Phone
Undisclosed
Website
Email Address
Overview
At Lemurian Labs, our mission is to deliver affordable, accessible, and efficient AI computers because we believe in a world where AI isn't a luxury but a tool for everyone. Our founding team brings together expertise in AI, compilers, numerical algorithms, and computer architecture with the sole purpose of reimagining accelerated computing. Our approach makes it possible for organizations of any size to equally benefit from the transformative potential of AI.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jay Dawani
Chief Technical Officer
Theodore Omtzigt
Co-Founder
Vassil Dimtrov
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Our team works diligently to report on all VC transactions involving tech companies. All VC database entries on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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