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).