AI startup Entropik raised $25 million led by Bessemer Venture Partners and SIG Venture Capital

Popular

AI startup Entropik raised $25 million led by Bessemer Venture Partners and SIG Venture Capital

Emotional artificial intelligence (AI) startup Entropik raised $25 million in Series B led by Bessemer Venture Partners and SIG Venture Capital where Trifecta Capital, Alteria Capital, and long-time existing investor Bharat Innovation Fund also participated.

Through emotional intelligence, Entropik assists brands in understanding consumer behaviour. It enables businesses to improve their marketing campaigns and product experiences. Kumar explained that Entropik uses a camera to understand consumers’ facial expressions and a webcam to understand consumers’ eye movements, in addition to analysing their voices. In terms of fund deployment, Kumar stated that Entropik anticipates 15 months of scaling around product IP, technology, and business. It will also expand its presence in the United States, Europe, and Asia.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

Popular

More Like this

Emotional artificial intelligence (AI) startup Entropik raised $25 million in Series B led by Bessemer Venture Partners and SIG Venture Capital where Trifecta Capital, Alteria Capital, and long-time existing investor Bharat Innovation Fund also participated.

Through emotional intelligence, Entropik assists brands in understanding consumer behaviour. It enables businesses to improve their marketing campaigns and product experiences. Kumar explained that Entropik uses a camera to understand consumers’ facial expressions and a webcam to understand consumers’ eye movements, in addition to analysing their voices. In terms of fund deployment, Kumar stated that Entropik anticipates 15 months of scaling around product IP, technology, and business. It will also expand its presence in the United States, Europe, and Asia.

Disclaimer

At StartupNews.fyi we strive to uphold the highest ethical standards in all of our reporting and coverage. We want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

More like this

Nvidia partners with Quantum Machines to combine classical and quantum machines

In a move to push the boundaries of computing...

Checkout.com launches virtual and physical card issuing

Leading global payment solutions provider Checkout.com announced the launch...

Upcoming Events

Startup Information that matters. Get in your inbox Daily!

spot_img
spot_img
Copy link
Powered by Social Snap