PE-VC Fund Investments
AI startup Refold raises $6.5 M co-led by Eniac Ventures and Tidal Ventures
Bengaluru- and San Mateo-based AI-native integration platform Refold AI (formerly Cobalt) has emerged from stealth and had raised USD 6.5 million in a seed round co-led by Eniac Ventures and Tidal Ventures with participation from Better Capital, Ahead VC, Karman Ventures, Z21 and other notable angels.The company will use the fresh funds to expand its engineering team, deepen product integrations, and support its growing enterprise customer base.Co-Founded in 2022 by Abhishek Kumar and Jugal Anchalia, Refold AI is an AI-powered platform that combines autonomous agents, memory-based orchestration, secure edge deployment, and enables teams to go from integration requests to live workflows in hours instead of months.
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