News Briefs

Chatbox provider Proto nabs C$5.6m Series A led by Muck Capital

Mucker Capital led the round with participation from existing backer Yolo Investments.

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  • The capital infusion will be used to accelerate global expansion
  • Proto was launched in 2018
  • Muck Capital provides seed and Series A funding for startups outside of Silicon Valley

Proto, a Waterloo-based provider of inclusive chatbots and multilingual contact center automation, raised C$5.6 million in Series A financing. Mucker Capital led the round with participation from existing backer Yolo Investments.

The capital infusion will be used to accelerate global expansion.

Proto was launched in 2018.

On the transaction, Mucker Capital investor Joe Tsai said in a statement: “The growth of mobile and internet adoption in the emerging world is stunning, and this continued trend is inevitable. Proto’s multilingual, industry-relevant machine learning models and conversational chatbots can unlock greater inclusivity at a massive scale while generating significant ROI for the institutions that adopt it. We are thrilled to support Proto’s mission and partner with Curtis, Albert and the entire team.”

Muck Capital provides seed and Series A funding for startups outside Silicon Valley.

Based in Saint Julian’s, Malta, Yolo Investments targets the fintech, insurtech, gaming, blockchain and big data sectors