AI Funding & Investment

Cassandra.app Raises €2M to Expand AI-Driven Ad Optimization Platform

Cassandra.app, a Milan-based startup using AI to optimize advertising ROI and media mix performance, has raised €2 million in seed funding. The round was led by Italian Founders Fund, with support from PitchDrive, Webranking, Mana Ventures, Lorenzo Lato, and Marco di Pietro.

Founded by Gabriele Franco and Cristian Nozzi in 2023, Cassandra.app replaces outdated attribution models with AI-powered Marketing Mix Modelling and Incrementality Testing, analyzing over €500 million in ad spend across 60+ global clients. Franco said the platform “empowers brands to make data-driven decisions with scientific precision.” The funding will support global expansion, team growth, and the integration of Google’s Meridian technology within the next quarter.

Featured image: Cassandra.app co-founders, Cristian Nozzi and Gabriele Franco. Credit: Cassandra.app

Need Deeper Intelligence on the AI Market?

AI Insider's Market Intelligence platform tracks funding rounds, competitive landscapes, and technology trends across the global AI ecosystem in real time. Get the data and insights your organization needs to make informed decisions.

AI, Capital Markets, Robotics

Circus Acquires US-Israelian Kitchen Robotics

Insider Brief PRESS RELEASE — Circus SE (ISIN: DE000A2YN355 / XETRA: CA1), a global AI-robotics company developing autonomous sustainment systems, has completed the acquisition of

AI Funding & Investment

Illuminate Financial Closes $135M Early Growth Fund to Back the Next Generation of AI & Fintech for Financial Services

Insider Brief PRESS RELEASE — Illuminate Financial, the specialist venture capital firm focused on technology for financial services, announced it has raised $135 million for its