Bangalore-based artificial intelligence and virtual reality technology startup Absentia Virtual Reality Pvt. Ltd has raised $1.23 million (Rs 8 crore) in a pre-Series A funding round led by venture capital firm Exfinity Venture Partners LLP.Source: VCCircle
The AI startup, born in NASA's Caltech labs, will use the funding to grow its team of engineers and scientists.Source: ZDnet
Indian AI Startups Raised About $87.85 Mn In 2017Source: Inc42
Two-fifths of Europe's artificial intelligence start-ups do not use any AI programs in their products, according to a report that highlights the hype around the technology.Source: HOB
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