Venture Capital
Cosmose AI just netted $15 million in Series A funding from Tiga Investments, OTB Ventures, and TDJ Pitango. The round values the startup at more than $100 million. Cosmose works with high-profile retailers, mainly in China, such as Walmart, Samsung, and LVMH to improve offline sales and advertising using anonymous consumer data. The raise will help Cosmose expand operations in Southeast Asia, the Middle East, and India. It hopes to become profitable by 2021. Visit Business Insider's homepage for more stories.