The oversubscribed round was backed by Enterprise Ireland and private investors to accelerate product development.
"Businesses are at a pivotal moment in the application of technology to the provision of professional services. We are only scratching the surface with the value that can be created for business owners from leveraging AI to do more with less. Assiduous is focused on embedding corporate advisory domain expertise at the application layer to unlock the power of foundation models for many more small and medium sized business owners seeking to contemplate, plan and execute high value corporate actions."
The funding round was backed by Midven, Rigby Group, and Haatch Ventures.
"This investment, coupled with our success in the OneToWin competition, marks a significant milestone in our mission to revolutionise affordability assessments. With this funding, we can expand our team, enhance our technology, and bring our innovative solutions to a wider market. It’s hugely rewarding to be able to improve the financial well-being of individuals whilst also increasing efficiency for creditors."
The oversubscribed round was led by Fuel Ventures with participation from EWOR, Greyhound Capital, and Mark Ransford.
"This funding underscores the confidence in our vision to revolutionize global payment processes for industries burdened by outdated and costly solutions. By implementing our smart wallets and leveraging leading stablecoins for speed and security, Damisa will significantly simplify escrow services and cross-border payments, providing greater transparency to businesses operating internationally, especially in complex, emerging markets. We are eager to deliver immediate, tangible benefits to customers across the logistics, real estate, travel, and education sectors."
The seed round was led by Blackfinch Ventures to support global growth and commercial adoption.
"This investment marks a significant step forward as we continue pioneering new applications for magnetic sensing. With the support of our investors, we are expanding our team, advancing our technology, and bringing our solutions closer to widespread adoption."
