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Teleo raises US$16.2m in series A extension funding

Summary by Autonomous Vehicle International
Teleo has announced it has raised US$16.2m in Series A extension funds in addition to its previously announced Series A funding. It will use the funds to scale customer deployments and continue its expansion in new industries that use heavy machinery. Teleo will also use the funds to enhance its AI capabilities including advancing autonomous features, integrating large language models (LLMs) and collecting data to continue training AI models. Te…
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