Sylvester Stallone Among Newest Investors In AI-Driven Analytics Platform Largo.Ai
deadline.comEXCLUSIVE: Largo.ai, the AI-driven analytics platform for the film, TV and advertising industries, has secured $7.5M in investment with Sylvester Stallone among the newest backers of the company as it closed its Series A financing round.
Co-led by Los Angeles-based TI Capital and Switzerland and Los Angeles-based QBIT Capital, funding round participants for Largo.ai include Boston’s Atreides Management, former Vice Chairman and Chief Operating Officer of Microsoft-owned Activision Blizzard Thomas Tippl and further investment from Swiss private equity firm DAA Capital.
Stallone, who was recently made one of President Donald Trump’s “special ambassadors” to Hollywood, joins Largo.ai as an investor and strategic partner.
According to the company, the $7.5M investment will enable Largo.ai to drive its ambitious growth plans and “enrich its core business areas”.
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