Emerging and High Growth Companies

Shakudo in its US$7.2 million Series A financing round

Shakudo
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Nik Popovski

Associate, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto

 

On July 5, 2023, Shakudo announced the completion of a US$7.2 million Series A financing round that was led by GreatPoint Ventures. The round had support from England’s RTP Global, Golden Ventures and Parade Ventures. Pursuant to the round, Shakudo plans to use the funding towards assisting companies to launch artificial intelligence products in a more efficient manner.

Shakudo offers an end-to-end platform designed to help businesses turn their AI solutions into products more quickly.

GreatPoint Ventures is a San Francisco based venture capital firm.

Osler, Hoskin & Harcourt LLP advised Shakudo with a team consisting of Chad Bayne, Mihnea Porime, Nik Popovski and Handi Xu (Emerging and High Growth Companies).

Value
US$7.2 million
Date Closed
July 5, 2023
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Mihnea Horatiu Porime

Associate, Emerging and High Growth Companies, Toronto

Nik Popovski

Associate, Emerging and High Growth Companies, Toronto

Handi Xu

Associate, Emerging and High Growth Companies, Toronto