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Mettle Capital and Peak XV Partners collaborate on a $20 million investment in AI startup Empirical Machines.
Contract Type
partnership
Description
Mettle Capital has formed a partnership with Peak XV Partners to co-invest in Empirical Machines, raising $20 million. This investment marks Mettle Capital's first initiative since its founding earlier this year by former Peak XV partners. The round was upsized from $15 million following changes in the investor mix.
Agreement Insights
What this usually meansEmpirical Machines signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.
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