Ai Palette

Assembly Line

Ai Palette raises $5.7m to expand AI-powered insights platform, adds ‘FoodGPT’ chatbot

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Ai Palette, Tin Men Capital

Singapore-based startup Ai Palette has raised $5.7 million in a series A1 funding round to expand its AI-powered platform to help food companies accelerate and de-risk the product innovation process.

Led by new investor Tin Men Capital and supported by existing backers Exfinity Ventures and pi Ventures, the round takes Ai Palette’s cumulative funding to $11.2 million and will help the company build its sales and marketing team, push beyond food & beverage into beauty and personal care, and further expand the scope and geographical reach of its platform.

The platform—used by food & beverage giants including Nestlé, Symrise, ADM, Kellogg, Mondelēz International, Diageo and Cargill along with multinational personal care and beauty firm Himalaya Wellness.

Read more at AgFunderNews