Expansion Funds for Codeless AI Platform Pyxis One

In the US, codeless AI-based research and modeling platform Pyxis One has raised $17m in a Series B round of funding. The money will be used to add more than 200 new AI models to its infrastructure during the next two years and to expand into new markets.

Pyxis One's dozens of models can be used for targeting, optimization, creative recommendation, and consumer and market research. The Pyxis Insights solution can be used to understand customer perceptions of a brand, evaluate innovations, and conduct real-time UI/UX testing, as well as to validate the most profitable ideas. In addition, it can be used to analyze the impact of marketing activities on a brand's overall health.

New funding has been led by Celesta Capital and Premji Invest, with participation from previous investors Chiratae Ventures, pi Ventures, and Exfinity Venture Partners, and bringing total funding to $24m. Shubham Mishra (pictured), CEO of Pyxis One, comments: 'With AI's agility and scalability, we bridge the gap between marketers and data scientists, and enable them to make better decisions in the backdrop of accurate and dynamic consumer insights. The new funds will enable us to speed up product development, hire more AI experts and data scientists, and expand our sales and marketing to additional markets'.

Web site: www.pyxis-one.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.