I took a deep dive with Covariant co-founder and CEO Peter Chen at ProMat the other week. The timing was either perfect or terrible depending on who you ask. I’m sure the startup’s comms people are thrilled that I’m writing a follow-up a week later on the occasion of a new funding round.
Regardless, $75 million is a hard number to ignore — especially as the Series C extension brings the AI firm’s total raise up to $222 million. Existing investors Radical Ventures and Index Ventures led the round, which also features returning (Canada Pension Plan Investment Board and …
Read more…….
