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Duvo raises $32M in Series A funding led by Balderton Capital, with support from Index Ventures, Northzone, and Credo Ventures. The capital will enhance its expansion efforts targeting retailers and CPG companies.
Amount Raised
$32 Million
Round Type
Series A
IndiaSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingSaaSInvestors
Description
Duvo today announced a $32 million Series A led by Balderton Capital, with participation from existing investors Index Ventures, Northzone, and Credo Ventures. The round brings Duvo's total funding to $48 million and will support its expansion, initially targeting retailers and consumer packaged goods (CPG) companies. The company aims to streamline enterprise processes through its operating system and automation tools.
Fundz sees it the moment Duvo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Funding Insights
What this usually meansDuvo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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