Tech Company Financing Transactions

Oxolo Funding Round

On 10/24/2023, Oxolo announced $13.8 million in Series A investment from DN Capital and private investors.

Transaction Overview

Company Name
Announced On
10/24/2023
Transaction Type
Venture Equity
Amount
$13,750,000
Round
Series A
Investors

DN Capital (Lead Investor)

private investors (Alex Täubert)

private investors (Christian Vollmann)

private investors (Johannes Plehn)

private investors (Mischa Ruerup)

private investors (Stefan Wiskemann)

private investors (Thomas Hagemann)

Proceeds Purpose
The company intends to use the funds to advance its research and development efforts, expand its team, and expedite the commercialization of their AI solutions.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Bleichenbrücke 10
Hamburg, 20354
DE
Phone
Undisclosed
Email Address
Overview
Oxolo is building a deep tech platform for generative AI-based media. With our technology, anyone can create automated videos, such as product videos, advertisements, social media content, and many more. We are virtualizing specific people by creating AI-powered chatbot avatars indistinguishable from reality and ready to engage and communicate. Our complete tech stack is based on the latest research and developments in artificial intelligence and machine learning.
Profile
Oxolo LinkedIn Company Profile
Social Media
Oxolo Company Twitter Account
Company News
Oxolo News
Facebook
Oxolo on Facebook
YouTube
Oxolo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Heiko Hubertz
  Heiko Hubertz LinkedIn Profile  Heiko Hubertz Twitter Account  Heiko Hubertz News  Heiko Hubertz on Facebook
Chief Technical Officer
Oliver Borchers
  Oliver Borchers LinkedIn Profile  Oliver Borchers Twitter Account  Oliver Borchers News  Oliver Borchers on Facebook
Co-Founder
Elisabeth L'Orange
  Elisabeth L'Orange LinkedIn Profile  Elisabeth L'Orange Twitter Account  Elisabeth L'Orange News  Elisabeth L'Orange on Facebook


 

 

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Prev: 10/24/2023: Adlumin venture capital transaction
Next: 10/24/2023: Rebellions venture capital transaction

 

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Where The Data Comes From

Our team works diligently to record funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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