Dynamiq has secured a pre-seed investment round from TA Ventures, which led the funding, with participation from Geek Ventures, u.ventures, Diaspora Ventures. Although the exact amount is undisclosed, AIN shares other investment details.
About Dynamiq
- Dynamiq builds an operational platform for corporate gen AI applications. The platform simplifies the development cycle of AI applications by providing a set of features for rapid prototyping, testing, deployment, monitoring, and more.
- The founder and CEO of Dynamiq is Vitaliy Duk. The startup’s team is based in Ukraine, the core of which consists of former employees of Careem, which was previously acquired by Uber.
At Dynamiq, we are committed to helping enterprises reduce the time and effort required to bring their Generative AI applications to production. Our platform empowers engineering teams with the tools they need to seamlessly integrate and deploy AI solutions, driving efficiency and innovation,
the team of Dynamiq commented on its LinkedIn page.
Investment details
- TA Ventures, the Ukrainian-founded early-stage venture capital firm, backing companies in Europe and North America, is the lead investor during the round.
- Other prominent Ukrainian-led venture capital firms including Geek Ventures, u.ventures, and Diaspora Ventures also participated in the round.
Neither the startup, nor the investors agreed to disclose the amount of the deal. However, u.ventures typically invests between $100,000 and $200,000 at the pre-seed stage and $500,000 at the seed stage. Meanwhile, Geek Ventures’ standard investment at the pre-seed stage ranges from $100,000 to $250,000, and at the seed stage from $250,000 to $500,000. So the round is estimated to be at least $200,000.
