Fundz

Octomind raises €4.5 million to transform web testing with generative AI

PRIVATEApr 23, 2024

Amount Raised

€4.5 Million

Round Type

Seed

KarlsruheArtificial IntelligenceMachine Learning

Investors

Lutz FingerCharlie SonghurstSean MullaneyCherry Ventures

Description

Six months after emerging from stealth mode, Karlsruhe-based Octomind has raised €4.5 million to transform web testing with generative AI. The round is led by European early-stage venture capital firm Cherry Ventures and features a complementary set of angels such as Sean Mullaney of Algolia, Charlie Songhurst (ex-Microsoft) and Lutz Finger (ex-Linkedin, ex-Snapchat). The fresh capital will go towards baking stability and trust into AI-based testing.

Quick answer

Octomind raised €4.5 Million in a Seed round, dated April 23, 2024. Investors: Lutz Finger, Charlie Songhurst, Sean Mullaney and Cherry Ventures. Octomind is based in Karlsruhe, Baden Württemberg, Germany.

How much did Octomind raise?
Octomind raised €4.5 Million in a Seed round on April 23, 2024.
Who invested in Octomind?
Lutz Finger, Charlie Songhurst, Sean Mullaney and Cherry Ventures are named as investors in this round.
What does Octomind do?
Octomind, founded in 2023, created the first working AI agent that knows what to test, writes the tests, and keeps them up to date – all without human input, solely from looking at a website.
Where is Octomind based and how big is it?
Octomind is based in Karlsruhe, Baden Württemberg, Germany.
Who are the decision-makers at Octomind?
Fundz holds 1 contact at Octomind. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Artificial Intelligence and Machine Learning around the same time

Companies in the same sectors as Octomind that raised within 45 days of this round, from Fundz verified event records.

  • Greptile raised $4.1M (Seed) on June 7, 2024.
  • Wrtn Technologies raised $18M (Series B) on June 7, 2024.
  • Tektonic AI raised $10M (Funding Round) on June 6, 2024.
  • Bem raised $3.7M (Seed) on June 6, 2024.
  • Clodura.AI raised $2M (Pre-Series A) on June 6, 2024.
  • BranchLab raised an undisclosed amount (Seed) on June 6, 2024.

Who to call at Octomind, and when

A new round usually means Octomind is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Octomind

Location

Karlsruhe, Baden Württemberg, Germany

About

Octomind, founded in 2023, created the first working AI agent that knows what to test, writes the tests, and keeps them up to date – all without human input, solely from looking at a website. It enables businesses to find bugs before customers do.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Octomind raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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