Munich-based AI startup e-bot7 scores €5.5 million in Series A funding for its European expansion - Tech.eu

The AI startup e-bot7 has secured €5.5 million in financing for further growth by the investors RTP Global, 42CAP, Main Incubator (early-stage investor of the Commerzbank Group), and a renowned business angel. With the new capital, the startup will further expand its position in the European market, by investing in both its technology and business team. E-bot7 was founded in 2016 by Fabian Beringer, Xaver Lehmann, and Maximilian Gerer, who have been included in the Forbes "30 Under 30" list, in order to promote the topic of AI on a political level. The founders are also mentors of renowned programs such as the Founders Institute in Silicon Valley, TechFounders, InsurTech Hub and many more. "Our goal is not only to offer the best AI-based technology and revolutionise customer service, but also to make it as easy as possible for companies to introduce and use such a technology," said Lehmann.