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Pioneer AI Foundry Venture Partner, Cykel AI, Completes Oversubscribed Equity Financing to Accelerate AI-Automation Growth Within the Talent Acquisition Ecosystem

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Pioneer AI Foundry (Cboe CA: JPEG) announced that its venture partner Cykel AI (LSE: CYK) has successfully completed an oversubscribed equity financing of £800,000 at a premium to its closing share price. The funding will be strategically allocated to enhance product development and scale commercial adoption within the talent acquisition ecosystem.

The capital will specifically support the development of Eve, Cykel's sales specialist automated digital worker, and accelerate the release of Samson, its sales research analyst automated digital worker. This financing follows Pioneer's recent successful capital raise, demonstrating market confidence in their combined AI-Agentic technologies.

According to CEO Darcy Taylor, the funds will enable Cykel to accelerate innovation, scale its AI-driven automation recruitment solutions, and drive sustainable growth in the AI-automation sector.

Pioneer AI Foundry (Cboe CA: JPEG) ha annunciato che il suo partner di venture Cykel AI (LSE: CYK) ha completato con successo un finanziamento azionario sovrascritto di 800.000 sterline a un premio rispetto al suo prezzo di chiusura delle azioni. I fondi saranno strategicamente allocati per migliorare lo sviluppo del prodotto e aumentare l'adozione commerciale all'interno dell'ecosistema di acquisizione di talenti.

Il capitale sosterrà specificamente lo sviluppo di Eve, il lavoratore digitale automatizzato specializzato in vendite di Cykel, e accelererà il rilascio di Samson, il suo lavoratore digitale automatizzato analista di ricerca nelle vendite. Questo finanziamento segue il recente e riuscito aumento di capitale di Pioneer, dimostrando la fiducia del mercato nelle loro tecnologie combinate AI-Agentic.

Secondo il CEO Darcy Taylor, i fondi permetteranno a Cykel di accelerare l'innovazione, scalare le sue soluzioni di reclutamento automatizzate basate su AI e promuovere una crescita sostenibile nel settore dell'automazione AI.

Pioneer AI Foundry (Cboe CA: JPEG) anunció que su socio de riesgo Cykel AI (LSE: CYK) ha completado con éxito un financiamiento de capital sobredimensionado de 800,000 libras a una prima sobre su precio de cierre de acciones. Los fondos se asignarán estratégicamente para mejorar el desarrollo de productos y aumentar la adopción comercial dentro del ecosistema de adquisición de talento.

El capital apoyará específicamente el desarrollo de Eve, el trabajador digital automatizado especializado en ventas de Cykel, y acelerará el lanzamiento de Samson, su trabajador digital automatizado analista de investigación de ventas. Este financiamiento sigue la reciente y exitosa recaudación de capital de Pioneer, demostrando la confianza del mercado en sus tecnologías combinadas AI-Agentic.

Según el CEO Darcy Taylor, los fondos permitirán a Cykel acelerar la innovación, escalar sus soluciones de reclutamiento automatizado impulsadas por AI y fomentar un crecimiento sostenible en el sector de la automatización AI.

Pioneer AI Foundry (Cboe CA: JPEG)는 그 벤처 파트너 Cykel AI (LSE: CYK)가 주가에 프리미엄을 붙여 80만 파운드의 초과 청약 자본 조달을 성공적으로 완료했다고 발표했습니다. 이 자금은 인재 확보 생태계 내에서 제품 개발을 강화하고 상업적 채택을 확대하는 데 전략적으로 배분될 것입니다.

자본은 특히 Cykel의 판매 전문 자동화 디지털 작업자인 Eve의 개발을 지원하고, 판매 연구 분석가 자동화 디지털 작업자인 Samson의 출시를 가속화할 것입니다. 이번 자금 조달은 Pioneer의 최근 성공적인 자본 조달에 이어 이루어졌으며, 그들의 결합된 AI-Agentic 기술에 대한 시장의 신뢰를 보여줍니다.

CEO인 다르시 테일러에 따르면, 이 자금은 Cykel이 혁신을 가속화하고 AI 기반 자동화 채용 솔루션을 확장하며 AI 자동화 분야에서 지속 가능한 성장을 추진할 수 있게 할 것입니다.

Pioneer AI Foundry (Cboe CA: JPEG) a annoncé que son partenaire de capital-risque Cykel AI (LSE: CYK) a réussi à finaliser un financement par actions sursouscrit de 800 000 livres à un prix supérieur à celui de la clôture de ses actions. Les fonds seront stratégiquement alloués pour améliorer le développement des produits et accroître l'adoption commerciale au sein de l'écosystème d'acquisition de talents.

Le capital soutiendra spécifiquement le développement de Eve, le travailleur numérique automatisé spécialisé dans les ventes de Cykel, et accélérera le lancement de Samson, son travailleur numérique automatisé analyste de recherche en ventes. Ce financement fait suite à la récente levée de fonds réussie de Pioneer, démontrant la confiance du marché dans leurs technologies combinées AI-Agentic.

Selon le PDG Darcy Taylor, ces fonds permettront à Cykel d'accélérer l'innovation, de développer ses solutions de recrutement automatisées pilotées par l'IA et de favoriser une croissance durable dans le secteur de l'automatisation par IA.

Pioneer AI Foundry (Cboe CA: JPEG) gab bekannt, dass ihr Venture-Partner Cykel AI (LSE: CYK) erfolgreich eine überzeichnete Eigenkapitalfinanzierung in Höhe von 800.000 Pfund zu einem Aufschlag auf den Schlusskurs seiner Aktien abgeschlossen hat. Die Mittel werden strategisch eingesetzt, um die Produktentwicklung zu verbessern und die kommerzielle Akzeptanz im Talentakquise-Ökosystem zu steigern.

Das Kapital wird insbesondere die Entwicklung von Eve, dem automatisierten digitalen Verkaufsmitarbeiter von Cykel, unterstützen und die Einführung von Samson, seinem automatisierten digitalen Verkaufsforschungsanalysten, beschleunigen. Diese Finanzierung folgt auf die kürzlich erfolgreiche Kapitalbeschaffung von Pioneer und demonstriert das Vertrauen des Marktes in ihre kombinierten AI-Agentic-Technologien.

Laut CEO Darcy Taylor werden die Mittel Cykel in die Lage versetzen, Innovationen zu beschleunigen, seine KI-gesteuerten Automatisierungslösungen im Recruiting zu skalieren und nachhaltiges Wachstum im Bereich der KI-Automatisierung voranzutreiben.

Positive
  • Raised £800,000 in oversubscribed equity financing at a premium to share price
  • Recent successful capital raises for both Pioneer and Cykel demonstrate strong market confidence
  • Strategic development of two AI-powered digital worker products for sales and research
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - March 17, 2025) - Pioneer AI Foundry Inc. (Cboe CA: JPEG) ("Pioneer" or the "Company") is excited to announce that its venture partner, Cykel AI (LSE: CYK) ("Cykel"), a leader in AI-driven automation solutions, has successfully closed an oversubscribed equity financing, raising £800,000 at a premium to its closing share price. The strong investor demand underscores confidence in Cykel's vision and growth strategy, positioning the company for accelerated expansion in AI-powered automation within the talent acquisition ecosystem across various sectors.

The capital raised will be strategically deployed to enhance product development, scale commercial adoption, and drive key partnerships within the recruitment ecosystem. Specifically, Cykel will use the funds raised to further develop Eve, its sales specialist automated digital worker, and to accelerate the release of Samson, its sales research analyst automated digital worker. With increasing demand for intelligent automation across industries, Cykel is uniquely positioned to capitalize on market opportunities and reinforce its early adoption and leadership in the space.

"We are very encouraged by the announcement that Cykel has successfully closed an oversubscribed equity financing, especially in combination with Pioneer's successful capital raise which closed recently. These injections of capital are a testament to the market's confidence in the visions and the transformative potential of the combined AI-Agentic technologies," said Darcy Taylor, CEO of Pioneer. "The funds will allow Cykel to accelerate innovation, scale its AI-driven automation recruitment solutions, and drive sustainable growth. Congratulations to the team on this milestone, as they are now well-equipped with a war chest of capital to build on momentum and deliver increasing value to shareholders."

The successful financing further strengthens Cykel's position within the AI-automation sector, aligning with its strategic roadmap to enhance operational capabilities and expand its market footprint. As AI Agent adoption accelerates, Cykel remains committed to delivering cutting-edge solutions that redefine efficiency and automation across industries. Cykel remains focused on executing its long-term growth strategy, leveraging innovation to drive revenue and market leadership.

ABOUT CYKEL AI

Cykel AI creates autonomous digital workers that perform complex business tasks without human supervision. The digital platform puts repetitive tasks on autopilot, enabling recruitment, sales and research teams to operate more efficiently and scale effectively. For more information on Lucy, visit: www.cykel.ai/lucy or investors@cykel.ai.

ABOUT PIONEER AI FOUNDRY INC.

Pioneer AI is a next-generation agentic AI venture builder, primarily operating through its wholly owned subsidiary Crowdform - an AI agent technology and intellectual property development company. By leveraging a venture studio and technology incubator model, Pioneer AI develops and scales revenue-generating agentic-AI-driven technologies at the intersection of AI agents and DeFi/crypto, leveraging the Solana ecosystem. Pioneer specializes in autonomous revenue-generating AI agent solutions, which are primarily developed within its wholly owned operating subsidiary Crowdform.

In addition, Pioneer has formed successful partnerships with leading AI companies globally, with several projects fully deployed and in market delivered through operating companies in which Pioneer is a significant shareholder. These partnerships focus on the intersection of revenue-generating agentic AI and DeFi.

For additional information, visit www.p10neer.com or www.sedarplus.ca.

ON BEHALF OF PIONEER AI FOUNDRY INC.

"Darcy Taylor"

CEO & Director
ir@p10neer.com

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, and such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244771

FAQ

How much did Cykel AI (LSE: CYK) raise in its recent equity financing?

Cykel AI raised £800,000 in an oversubscribed equity financing at a premium to its closing share price.

What are the main products being developed with Cykel AI's new funding?

The funding will develop Eve (sales specialist automated digital worker) and accelerate the release of Samson (sales research analyst automated digital worker).

How will Cykel AI utilize the £800,000 raised in the equity financing?

The capital will be used to enhance product development, scale commercial adoption, and drive key partnerships within the recruitment ecosystem.

What is the strategic relationship between Pioneer AI Foundry and Cykel AI?

Cykel AI is a venture partner of Pioneer AI Foundry, collaborating on AI-Agentic technologies in the talent acquisition space.
Pioneer Ai Fdry Inc

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