Go to deals
TMT

42.cx Center of Excellence AI has raised equity capital from institutional investors for its AI-ETI

42.cx Center of Excellence for Artificial Intelligence AG has raised equity capital from institutional investors for its AI-ETI.

42.cx Center of Excellence for Artificial Intelligence AG has been formed to demystify artificial intelligence (AI) and bridge the gap between AI as one of the greatest growth opportunities and its technical complexity. It tracks more than 110 million patents, 200 million scholarly articles and 110 million source code repositories worldwide to identify the greatest investment opportunities based on 42.cx research created by an international team of scientists and experts. The most promising public AI companies are being selected and form the AI-42 INDEX™, an index dedicated to show the growth of the AI sector. In addition, IP-related insights are available through the AI Analyst™, the AI market intelligence platform. The 42 Online Academy is the starting point to gain knowledge about AI and to understand the various aspects of AI, including definitions, neural networks, machine learning and societal implications.

Oaklins' team in Austria, in its role as fundraising advisor, assisted 42cx's shareholders all the way to the successful completion of the issuance of the ETI to institutional investors. The team advised on securing pre-commitments from cornerstone investors, deal structuring and financials.

Service
Funding, debt advisory & ECM
Parties

Talk to the deal team

 Thomas  Jungreithmeir

Thomas Jungreithmeir

Managing Partner

Vienna, Austria
Oaklins Austria

Related deals

Avectris has acquired Logicare
TMT

Avectris has acquired Logicare

Swiss IT services company Avectris AG has acquired Logicare AG, a specialized IT services provider for healthcare companies. Logicare will be integrated into Avectris. Through the merger, Avectris will specifically enhance its expertise in the healthcare sector.

Learn more
Improve International Ltd. has been acquired by RJD Partners
Healthcare | TMT

Improve International Ltd. has been acquired by RJD Partners

Benchmark Holdings Plc. has sold Improve International Ltd. to RJD Partners.

Learn more
Energix Renawable Energies has issued stocks worth US$66 million
Energy

Energix Renawable Energies has issued stocks worth US$66 million

Energix Renawable Energies Ltd. has raised funds to refinance the company for further development.

Learn more