Robotic process automation firm raises US$30m to fund expansion
Singapore
ROBOTIC process automation (RPA) software company UiPath has received Series A funding of US$30 million that will help accelerate its global expansion and product development, as it aims to turn itself into an artificial intelligence-centric (AI-centric) firm in two years.
Founded in Romania, the United States-based company on Thursday said the funding is led by Accel, with participation from previous investors Earlybird Venture Capital, Credo Ventures and Seedcamp.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Hong Kong growth beats forecast as recovery gains traction
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
Thailand to increase daily minimum wage to 400 baht in Oct
UK set for weak growth and highest inflation in G7, OECD says
German manufacturing downturn eases in April, PMI survey shows
India RBI's FX intervention eases as conditions turn favourable for rupee