French AI startup Entalpic closes $9.4 million seed round
2024-09-09 07:50:50

Asia Tech Wire (Sep 9) -- French AI startup Entalpic recently closed an €8.5 million ($9.4 million) seed round, according to private equity firm Cathay Capital.

The round was led by Cathay Capital, Breega and Felicis.

Founded in 2024, Ethe company's advanced AI platform designs catalysts to optimize chemical processes in areas like energy storage, fertilizer production, and pollution control, blending open and proprietary research.

Entalpic is currently operating in France, Germany and Canada, with plans to expand into the U.S. and Asia.

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