AuxoAI, an enterprise AI company, has raised $20.7 million in Series A funding led by NTTVC, with participation from technology executives and strategic investors.

AuxoAI, an enterprise AI company, has raised $20.7 million in Series A funding led by NTTVC, with participation from technology executives and strategic investors. The company helps large businesses implement AI systems tailored to their operations, combining AI strategists, engineers and its proprietary Damia platform.

AuxoAI has worked with more than 40 enterprise clients across manufacturing, healthcare, consumer goods and telecommunications. The fresh funding will support expansion of its engineering teams, investment in proprietary technology and growth of its global enterprise AI business. Headquartered in the San Francisco Bay Area, the company also operates hubs in Mumbai, Bengaluru and Hyderabad.