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Economic Times

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Image Credit: Economic Times

AI startup Alchemyst raises pre-seed round led by Inflection Point Ventures, others

  • Alchemyst AI has raised funding in a pre-seed round led by Inflection Point Ventures, along with 100Unicorns and Earlyseed Ventures.
  • The funds will be used to enhance graphics processing unit and technology infrastructure, support team development, scale operations, and drive growth.
  • Alchemyst AI develops fully autonomous gen-AI digital employees that work together to create intelligent functional components for enterprises.
  • The company plans to expand in major global markets and tap into the growing market for Generative AI, expected to reach $330 billion by 2030.

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