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SOAR AI has secured up to $1 billion in an equity facility to fund the expansion of its AI infrastructure platform. This deal involves a common stock purchase agreement with an institutional investor.
Amount Raised
$1 Billion
Round Type
Venture
OhioArtificial IntelligenceMachine LearningDescription
SOAR AI, formerly known as Volato Group, Inc., announced an equity facility of up to $1 billion to support its expansion. The company will have the option to sell shares to a selected institutional investor. There is no obligation for SOAR AI to sell any shares or utilize the facility. This funding will enhance the company's AI infrastructure.
Fundz sees it the moment SOAR AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
SOAR AI 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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