PE-VC Fund Investments
Aditya Birla Ventures invests in US-based AI startup Articul8
Aditya Birla Ventures is to invest as part of the first tranche in Dublin, CA (USA)-based Articul8 AI ’s USD 70 million Series B funding round. Other investors in the round include Adara Ventures and NXC Corporation as well as strategic investors DigitalBridge and Intel. The company's valuation has exceeded USD 500 million, which is five times its previous funding round valuation from less than two years ago.Founded by Arun Subramaniyan, Articul8 AI is an enterprise AI company that spun out of Intel in early 2024. It offers a platform that enables companies to build, deploy, and manage AI applications entirely within their secure environments. Since its launch, the company has secured contracts valued at over USD 90 million.Articul8 AI plans to deploy the Series B funds for global expansion, enhancement of its AI technology, and growth of enterprise deployments across North America, Europe, Asia, and Latin America.
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