Cambri Series A ROund, October 2024

Cambri, a Finnish AI-powered insights platform for consumer brands, has raised €8 million in a funding round led by Octopus Ventures. The round also saw participation from S4S Ventures, The 98, OpenOcean, and Spintop Ventures. Cambri’s platform helps brands improve product development by offering real-time, data-driven insights that boost market prediction accuracy. With an impressive 80% success rate for product launches, Cambri addresses inefficiencies in traditional market research. The new funds will be used to scale the platform, expand globally, and enhance its AI capabilities to serve more brands worldwide.

This funding marks a significant step for Cambri in its mission to revolutionize how consumer brands approach product development. The company's focus on leveraging AI technology has already proven successful, with its platform delivering precise, actionable insights that help brands optimize their product strategies. Cambri’s ability to provide insights that lead to high product success rates has attracted leading investors in the tech space.

Octopus Ventures, the lead investor, expressed confidence in Cambri’s ability to scale and further innovate within the consumer insights market. The backing from these investors is expected to propel Cambri’s expansion, enabling it to tap into a broader global market and cater to a growing demand for AI-driven insights.

Cambri’s technology offers a cost-effective and timely alternative to traditional market research approaches, giving brands the tools they need to stay competitive in rapidly changing markets. With this new capital, Cambri is positioned to continue its growth and solidify its presence as a leader in AI-powered consumer insights.

This €8 million funding will help Cambri expand its footprint beyond its existing markets, as it aims to provide more brands with the tools they need to make data-driven decisions in product development and marketing. As the demand for real-time, accurate consumer insights grows, Cambri’s solutions will be critical for brands looking to innovate and succeed in the competitive consumer landscape.