Boab AI
Richmond, Melbourne, Victoria, 3121, Australia
Overview
Boab AI, is a scaleup investment program based in Melbourne, investing in Victorian and international AI companies ready to expand globally.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Katonic AI
Participated · Series A · Dec 2022
Katonic.ai is a Sydney, Australia–based enterprise machine learning operations (MLOps) platform that helps businesses build, deploy and manage AI-powered applications. Its collaborative MLOps platform provides a unified UI to manage data science workflows and supports the full AI lifecycle including data acquisition, automation, deployment and monitoring. The platform is designed to combine data scientists' creative processes with professional software engineering to deliver models into production safely, quickly, and sustainably. Katonic is ISO 27001 certified and was the only Asia‑Pacific company featured in Everest Group’s MLOps Products PEAK Matrix 2022. In December 2022 Katonic raised $1.6M in a pre‑Series A round led by Artesian with participation from Boab AI to expand products and services, hire talent and grow its customer base. The company says the investment will help it pursue global opportunities and capture a larger share of the multi‑billion dollar MLOps market.
- PI.EXCHANGE
Participated · Series A · Aug 2021
PI.EXCHANGE's core product is an AI & Analytics Engine and self-serve AIaaS that lets even novice users build ML applications in minutes, removing the need for a dedicated data science team or costly infrastructure. The company positions itself as a democratizer of AutoML, targeting SMBs and SMEs across industries. Its platform emphasizes accessibility and rapid time-to-value for customers that lack in-house AI expertise. PI.EXCHANGE plans to use new funding to expand business development, sales, marketing, and delivery workflows. The company is focused on growth in the APAC and ASEAN regions and intends to strengthen and solidify its self-serve AIaaS offering. Financially, PI.EXCHANGE has just closed a $2 million pre-Series A funding round.
- Remi AI
Led · Equity · Jun 2021
Remi.ai is a platform that delivers demand forecasting, inventory management, replenishment and price optimisation to retail and e-commerce clients. Founded in 2014, the company started as a consulting service and has since developed a SaaS platform that generates recurring revenue. Remi.ai counts Coca-Cola and Microsoft among its clients and says its SaaS is accessible to both Fortune 100 companies and SMEs. The company’s thesis is the intelligent automation of supply chains, applying the latest AI and machine-learning optimisation tools to retail and manufacturing challenges. With the new seed funding the company plans to hire staff, expand R&D capacity, and accelerate sales and marketing, as well as speed up onboarding and bolster design and front-end engineering. Remi.ai has been used for pandemic-era supply-chain scenarios and container optimisation work as shipping costs and related challenges have evolved. Remi AI is a Melbourne-headquartered AI platform that provides demand forecasting, supply-chain simulation and optimisation, replenishment optimisation and what-if analysis for retail and eCommerce. The company completed its first external capital raise and joined the inaugural Boab AI Scale Up six-month program. Remi AI finished 2020 with 25% client growth month-on-month. The team plans to accelerate product development in key areas, get more clients on board, and scale the business while retaining its core mission. Remi AI positions its technology as delivering strong return on investment across logistics and supply chains with broad application and impact.
Team
No current team members are available.