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MStack AI is in talks to raise at least $30 million in a funding round, led by existing investors Alpha Wave and Lightspeed, with a new investor, Prosperity7 Ventures, potentially joining.
MStack AI, an AI-native chemical research and development startup, is in advanced discussions to raise at least $30 million in a fresh funding round. The company is being valued at around $230 million pre-money, with the possibility of increasing the round size. Existing investors Alpha Wave and Lightspeed are expected to contribute significantly, while Prosperity7 Ventures is in talks to participate as a new investor.
Company Information
Company
MStack AI
Location
India
About
MStack AI is an AI-native chemical research and development (R&D) and manufacturing startup. The company focuses on using artificial intelligence to enhance the efficiency and effectiveness of R&D processes in the chemical sector. MStack AI is currently in talks to raise $30 million to further expand its operations. The startup is being valued at approximately $230 million pre-money.
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