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Venture Capital News: DeepHow Raises $14M Series A Financing

2023-04-27
DETROIT, MI, DeepHow, the AI company that turns technical know-how into smart, how-to training videos, has closed $14 million in Series A funding.
Owl Ventures, a specialist in education technology investing, led the round, with participation from another new investor: LG Technology Ventures. Existing investors Sierra Ventures, Qualcomm Ventures, Osage Venture Partners, and Foothill Ventures also participated in this round.

DeepHow was founded in 2018 by a team of ex-Siemens researchers and engineers who saw an unmet need to transfer knowledge in the skilled workforce market. They developed an AI-powered, video-centric knowledge-capture and learning platform that bridges the skills gap in the manufacturing, service, and construction industries. DeepHow streamlines the capture and transfer of technical skills and know-how - compressing project time by 10x, boosting worker performance by 25%, and dramatically reducing overall training and development costs.
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