In an investment news, REXai, an aiCommerce tech company has raised €1,5 million of funding with the goal to easily embed the power of artificial intelligence into any existing e-commerce platform. The round was led by Newion Investments, joined by the founder and smart angel investors from the e-commerce and cyber-security industry.
Newion Investments focuses on B2B enterprise software companies with a global reach in the early stage and is well known for its successful investment in Collibra and many other companies in its previous funds. Based in Amsterdam and Valencia, REXai aims to make artificial intelligence available as a service for companies looking to fast-forward their ability to transform their data into real-time personalization.