Unicorn founder raises $125m for AI startup Tessl

Quick Summary:

The former CEO of UK-founded tech giant Snyk has raised £100m ($125m) for his new AI venture Tessl.

In 2021 a Series F investment of around £436 million valued Snyk at more than £6.4 billion.

The latest investment values Tessl at as much as $750m (£590m).

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Article Details

Author / Journalist: Chris Maguire

Category: InvestingBusiness

Markets: United KingdomIsrael

Topics: I’m 2015 Funding Team Journey Snyk Investment Founding Tessl Podjarny Ventures

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 17:45:18 (6 days ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 258 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 23715261

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About BusinessCloud

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

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Publisher ID: #61

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