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11x Forms Partnership with Andreessen Horowitz to Accelerate Development of Alice 2.0 AI Agent

Nov 12, 2024•over 1 year ago

Contract Type

partnership

LondonArtificial IntelligenceMachine Learning

Description

11x has announced the closing of a $50 million Series B funding round led by Andreessen Horowitz, aiming to accelerate the development of their new version of Alice using the latest agentic AI research. The partnership with Andreessen Horowitz will drive the aggressive revenue growth and key hiring initiatives of the company.

Company Information

Company

11x

Location

London, England, United Kingdom

About

11x is a London-based AI startup founded in 2022 by Hasan Sukkar. The company aims to provide businesses with 'digital AI workers' that can complete repetitive and mundane tasks to free up employees to focus on other things.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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