The investment highlights rising demand for AI tools that can streamline high‑value advisory work, potentially reshaping the competitive dynamics of banking and consulting firms.
Grasp, a Stockholm-based AI startup automating investment banking and consulting work with multi-agent systems, raised $7M in a Series A round led by Octopus Ventures with participation from existing investor Yanno Capital. The funding brings total financing to $9M and will be used to accelerate expansion.
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