Finnish AI startup, Inven, raises €11.2 million in Series A round to expand its AI-native deal sourcing platform and grow its presence in the US.
The funding round was led by Ventech and Vendep Capital with participation from angel investor Risto Siilasmaa and existing backers.
Inven's technology transforms deal sourcing in private markets by utilizing AI to uncover opportunities faster and more efficiently, catering to M&A professionals.
The company plans to scale its headcount, expand globally, and enhance its platform to provide better sourcing precision and reduce time-to-deal for its clients.