DarwinAI

DarwinAI in its Seed Financing Round of $3.9 million

Client

DarwinAI

Value

$3.9 million

Service

Emerging and High Growth Companies

Date Closed

September 2018

Industry

Venture Capital

Lead Office

Toronto


On September 18, 2018, DarwinAI, a cutting-edge Artificial Intelligence start-up based in Waterloo, Ontario, announced that it has closed a $3.9 million seed financing round, co-led by Obvious Ventures and iNovia Capital, and angels from the Creative Destruction Lab accelerator in Toronto. 

DarwinAI’s platform works to help developers accelerate deep learning development. Currently, development in this area relies on finding the right reference models, determining how the model performs with certain training sets, and seeking out holes in the data.  

Osler, Hoskin and Harcourt LLP represented DarwinAI with a team consisting of Chad Bayne and Michael Grantmyre (Corporate).


Team
Chad Bayne

Chad Bayne

Partner, Corporate

Michael Grantmyre

Michael Grantmyre

Associate, Corporate