AI startup Hypersonix valuation quadruples after $35 million funding

Mumbai: Hypersonix, an enterprise AI platform for commerce, has raised $35 million as part of its Series B funding round led by existing investor B Capital Group, with participation from Intel Capital, Firebolt Ventures, Magicus Ventures and Gokul Rajaram, among others.

The round values the company at $200 million.

The firm has now raised more than $50 million. The latest financing more than quadruples its valuation from its Series A round in March 2020, when it raised $11.5 million led by Intel Capital, taking its total funds raised to $15 million last year.