Lowenstein Sandler represented Continue AI, a New York-based provider of a sustainability intelligence platform, in a $5.7 million series seed funding round.
The round was led by Grove Ventures and Maple Capital, with participation from Ride Ventures, Liquid2, and Kindergarten Ventures.
The company intends to use the funds to continue to build its technology stack to enable sustainability enterprises to focus their resources.
Founded by Beeri Amiel, Alon Arad, and Yonatan Maor, Continue AI utilizes artificial intelligence to synthesize millions of data points to enable corporations to build roadmaps and provide recommended actions to empower them to make data-driven decisions to achieve their goals. The client roster includes multiple Fortune 500 and public companies including Royal Caribbean.
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