Exactly.ai Secures €4 Million in Seed Round

Exactly.ai Secures €4 Million in Seed Round

Exactly.ai, a London, UK-based generative AI platform designed to help artists commercialize their work, secured €4 million in seed funding.

The round was led by Speedinvest, with additional support from InReach Ventures, Cornerstone VC, GuruDev Capital, and various international angel investors and funds.

Speedinvest is a venture capital fund with more than €1B to invest in pre-Seed, Seed, and early-stage tech startups across Europe. It was founded in 2011, and is based in Vienna, Austria.

The company will use the funds to further develop its technology, expand its team, and increase its outreach to artists and creative professionals worldwide.

Founded in 2022 by Tonia Samsonova, Exactly.ai is a generative AI platform that helps artists commercialize their work by rapidly reproducing designs at scale while retaining legal ownership over their art. The platform empowers artists to build and train their own generative AI models based on their unique artistic practices and original designs. Exactly.ai has already attracted 30,000 registered users from around the world.

Funding Details

Company: Durer AI Ltd.

Raised: €4.0M

Round: Seed Round

Funding Month: May 2024

Lead Investors: Speedinvest

Additional Investors: InReach Ventures, Cornerstone VC, GuruDev Capital

Company Website: https://exactly.ai/

Software Category: Artwork Creation