Tuesday, December 24, 2024

Eigen Technologies: Raises $5M from ING

Eigen Technologies: Raises $5M from ING

  • Eigen Technologies, a London, UK-based provider of a natural language processing
  • technology solution, completed a $5m funding round
  • ING Ventures followed on from its $37m (£29m) Series B round in November 2019
  • This brings the total funds raised by Eigen in its Series B round to $42m, and brings the overall funds raised to over $60m
  • Eigen’s NLP technology is already used by ING in areas such as LIBOR replacement and loan operations
  • To have ING join us as both an investor and strategic partner is a great privileg

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