Round Type
Series B
Hong KongArtificial IntelligenceMachine LearningNatural Language ProcessingInvestors
Description
Fano Labs announced the successful closure of its Series B round led by Openspace Ventures, with participation from HSBC, Greater Good Investment, the family office of Mr. and Mrs. Kenneth Lo, and existing shareholders. The funding will be used to establish an office in Singapore, expand further into international markets, and develop the product with a focus on adding more APAC languages and launching its suite of Large Language Model (LLM) products.
Quick answer
Fano Labs raised an undisclosed amount in a Series B round, dated May 2, 2024. Investors: Greater Good Investment, HSBC and Openspace Ventures. Fano Labs is based in Hong Kong, Hong Kong, Hong Kong.
- How much did Fano Labs raise?
- Fano Labs raised an undisclosed amount in a Series B round on May 2, 2024.
- Who invested in Fano Labs?
- Greater Good Investment, HSBC and Openspace Ventures are named as investors in this round.
- What does Fano Labs do?
- Fano Labs is an AI company specializing in speech and natural language processing technologies to help enterprises with their customer services, compliance, and other lines of businesses.
- Where is Fano Labs based and how big is it?
- Fano Labs is based in Hong Kong, Hong Kong, Hong Kong.
- Who are the decision-makers at Fano Labs?
- Fundz holds 1 contact at Fano Labs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Natural Language Processing and Artificial Intelligence around the same time
Companies in the same sectors as Fano Labs that raised within 45 days of this round, from Fundz verified event records.
- GPTZero raised $10M (Series A) on June 13, 2024.
- Cognigy raised $100M (Series C) on June 11, 2024.
- Brightwave raised $6M (Seed) on June 11, 2024.
- Greptile raised $4.1M (Seed) on June 7, 2024.
- Alinia raised $2.4M (Pre-Seed) on June 5, 2024.
- Human Native raised $3.6M (Seed) on June 4, 2024.
Who to call at Fano Labs, and when
A new round usually means Fano Labs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fano Labs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fano Labs, from your own LinkedIn network
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Funding Insights
What this usually meansFano Labs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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