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We are glad to announce a significant milestone for our portfolio company Niva as they secure a USD 5.5 Million investment from KASZEK. Kaszek joins the existing group of investors, including Canary, Gradient Ventures (Google’s AI-focused fund), Picus Capital, and Gilgamesh Ventures, as we collectively support Niva in their mission to make it effortless to trust businesses worldwide. This investment will accelerate Niva's international expansion and fuel the next phase of their growth. By automating business verification with Agentic AI, Niva is addressing a major bottleneck for financial institutions and global commerce, enabling businesses to establish trust instantly, accurately, and at scale. We have been supporting Abhinav Rai and Akhil Naini since our seed investment in 2023, and we are excited to continue by their side and see what lies ahead for Niva. Learn more about their journey so far and their future plans in the article below:

Abhinav Rai

CEO and Co-founder at Niva | Global business verification (KYB) with AI

3w

Thanks for all the support Canary team!

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