Snackable Receives USD1.4 Million Seed Funding Led by Tera Ventures

Source(s): Emerging Europe | Date: 20 September 2019

Estonia- and US-based software developer Snackable AI has raised EUR1.3 million (approximately USD1.4 million) in seed funding led by Europe-focused seed-stage venture capital firm Tera Ventures. Other investors in the funding round include early-stage venture capital firm Superangel and Skype co-founder Jaan Tallinn. The company is currently developing an artificial intelligence-powered search engine that would enable users to find specific audio clips from podcasts, videos, and other audio-based media. Snackable intends to deploy the new capital to expand to new markets and grow its Estonia-based development team.