XY Sense dodges the downturn, thank you COVID
The reassessment of office space needs that many businesses are making in the face of the coronavirus pandemic has helped the workspace AI start-up XY Sense avoid the dreaded “down round” that plagues start-ups during tech downturns.
The Melbourne start-up has just raised $US8 million ($11.6 million) in a pre-series A round led by the AI venture capital firm InterValley Ventures and backed by the US office automation giant Johnson Controls.
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