1872.ai has raised $15 Million in new Seed funding
According to filings with the U.S. Securities and Exchange Commission, 1872.ai has raised $15 Million in new Seed funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
Investors in the company’s current round of funding include: The O.H.I.O. Fund
About 1872.ai
1872 is an AI-native steel fabrication company developing fully automated, lights-out factories capable of producing finished steel components directly from CAD to completed parts. Our mission is to remove the supply chain bottlenecks limiting Americas infrastructure by rebuilding heavy manufacturing from first principles. Founded by SpaceX alumni who scaled some of the most demanding production and software systems in the world, 1872 applies first-principles thinking, automation, and factory software to one of Americas most critical industries. Our prototype factory in Cincinnati, Ohio will serve as the proving ground for a new model of steel manufacturing: fast, scalable, and software native.
To learn more, visit https://1872.ai/
Linkedin: https://www.linkedin.com/company/1872ai/
Contact:
Dan Summers, Chief Executive Officer
https://www.linkedin.com/in/drsummer/
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