PYMNTS.com September 23, 2024
Artificial intelligence (AI) startup Phacet has reportedly raised $4.4 million for its small business-based solutions.
The seed funding round comes as the Paris-based company is working to extend its AI applications for small and medium-sized enterprises (SMEs) across a range of sectors, including eCommerce, industry and finance, EU Startups reported Monday (Sept. 23).
“The support of our investors will allow us to advance our mission to build a bridge between fast-evolving AI models and the concrete needs of SMEs,” said Nicolas Marchais, founder and CEO of Phacet. “This will enable them to move from the desire to integrate AI to its implementation in different departments.”
According to the report, Phacet works with customers to determine essential applications to enhance business...
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