Your Source for Venture Capital and Private Equity Financings

Cast AI Receives Strategic Investment

2026-01-12
MIAMI, FL, Cast AI, the leading Application Performance Automation platform, announced a strategic investment.
Cast AI, the leading Application Performance Automation platform, introduced OMNI Compute, a unified compute control plane that automatically discovers available resources across cloud providers and regions and transparently extends existing Kubernetes clusters to consume them. The company also announced a strategic investment from Pacific Alliance Ventures (PAV), the U.S.-based corporate venture arm of Shinsegae Group, an over $50 billion Korean conglomerate with leading businesses across retail, consumer, and digital platforms. With this round of funding, Cast AI's valuation exceeds $1 billion.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors