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Why AI copilot startups are so hot with VCs right now

While foundation model companies like OpenAI have drawn the most attention, niche startups using AI to assist human jobs have been gaining traction.

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Transfr, a VR platform for workforce training, raises $40M

Transfr, a startup creating VR tools for training and career development, today announced that it raised $40 million in a Series C round led by ABS Capital with participation from JPMorgan Chase Impact Finance, Advisory, Lumos Capital Group, Akkadian Ventures, Spring Tide Capital, Firework Ventures and Album. The round brings Transfr's total raised to $90 million, and CEO and founder Bharani Rajakumar says that it'll be put toward building out Transfr's executive team, scaling its platform and investing in the creation of new training simulations that cover a wider range of skills and scenarios.

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Transfr Closes $40M in Series C Growth Funding to Enable Career Mobility for Undiscovered Talent Through Its Virtual Reality Platform

Transfr Closes $40M in Series C Growth Funding to Enable Career Mobility for Undiscovered Talent Through Its Virtual Reality Platform
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Transfr Closes $40M in Series C Growth Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

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The AlleyWatch Startup Daily Funding Report: 4/19/2023 – AlleyWatch

The AlleyWatch Startup Daily Funding Report: 4/19/2023 – AlleyWatch
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