Phacet, a Paris, France-based startup pioneer in personalized AI solutions for SMEs, has raised €4 million in seed funding round.
Investors
The round was backed by 148 business angels across various sectors, including tech and finance. Notable investors include Thibaud Elzière (Hexa), Des Traynor (Intercom), Florian Douetteau (Dataiku), Philippe Corrot (Mirakl), Rodolphe Ardant (Spendesk), Damien Marc (JPB Système), and Guillaume Moubèche (Lempire). Investment funds participating in the round include Motier Ventures, Aglaé Ventures, Emblem, Origins, Kima, Financière Saint James, Robin Capital, and BetterAngle.
Phacet Use of Funds
The funding will allow Phacet to advance its mission of building a bridge between fast-evolving AI models and the concrete needs of SMEs. By 2025, Phacet plans to expand its range of ready-to-use AI applications across various sectors.
About Phacet
Phacet is an AI company that offers a platform where clients can identify essential applications, participate in AI Bootcamps, and collaborate with AI engineers to co-develop solutions that enhance business processes. The company aims to make AI accessible and transformative for businesses, helping clients build tailored AI applications through its platform. The startup has successfully collaborated with European companies like Smartbox, enhancing their operations in e-commerce, finance, and customer service.
Funding Details
Company: Phacet Labs
Raised: €4.0M
Round: Seed Round
Funding Date: September 2024
Investors: Thibaud Elzière, Des Traynor, Florian Douetteau, Philippe Corrot, Rodolphe Ardant, Damien Marc, Guillaume Moubèche, Motier Ventures, Aglaé Ventures, Emblem, Origins, Kima, Financière Saint James, Robin Capital, BetterAngle
Company Website: https://www.phacetlabs.com/
Software Category: AI Solutions
Source: https://tech.eu/2024/09/23/phacet-raises-4m-for-sme-tailored-saas/