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Venture Capital News: Thread AI Emerges With $6M Seed Round

2024-10-02
NEW YORK, NY, Thread AI announced that it has raised $6 million in seed funding.
Thread AI, a new company founded by former Palantir AI Product and Engineering leads Angela McNeal and Mayada Gonimah, emerged from stealth today to announce the launch of its composable AI infrastructure platform, Lemma.

In addition to its launch, Thread AI announced that it has raised $6 million in seed funding. The round was led by Index Ventures. Greycroft and notable angels, like Datadog CEO Olivier Pomel, former Roblox CTO Dan Sturman, and Homebrew also participated. Funds will be used to fuel growth as the company seeks to hire aggressively in the coming months and expand its public sector footprint.

Founded by leaders from Palantir, Thread AI's goal is to make infrastructure simple for enterprises seeking to get the most from AI. Its composable infrastructure platform, Lemma, enables companies to seamlessly design, implement, and manage AI-powered workflows on critical paths.
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