IntelleWings Private Limited, an AI-powered and SaaS enabled AML/CFT (Combating the Financing of Terrorism) Compliance company, has raised USD650 thousand in pre-Series A round from Dallas Venture Capital (DVC), a cross-border venture capital firm focused on early and growth stage companies in cloud infrastructure, B2B SaaS, AI/ML, mobile, XR and other emerging technologies.
The round saw existing investors including SucSEED Indovation Fund, Padup Ventures and Vinners, reinforce their support with additional capital along with the participation of new investors Lead Angels and Nextgen Technology Fund I (a fund created by STPI and managed by Pontaq).
Read more: Private Equity wire
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