Lowenstein Sandler represented Continue AI, a New York-based provider of a sustainability intelligence platform, in a $5.7 million series seed funding round.
The round was led by Grove Ventures and Maple Capital, with participation from Ride Ventures, Liquid2, and Kindergarten Ventures.
The company intends to use the funds to continue to build its technology stack to enable sustainability enterprises to focus their resources.
Founded by Beeri Amiel, Alon Arad, and Yonatan Maor, Continue AI utilizes artificial intelligence to synthesize millions of data points to enable corporations to build roadmaps and provide recommended actions to empower them to make data-driven decisions to achieve their goals. The client roster includes multiple Fortune 500 and public companies including Royal Caribbean.
The Lowenstein deal team included Dotan Barnea, Raymond P. Thek, Sarah P. Cole, Sophia Mokotoff, and Stella Gore.
About Lowenstein Sandler LLP
Lowenstein Sandler is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
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