Mem Raises $23.5M in Funding


Mem, a Los Altos Hills, CA-based supplier of a note-taking app, raised $23.5m in investment at a $110m post-money valuation.

The spherical was once led by means of OpenAI Startup Fund.

The corporate, which has raised a complete of $29m so far, intends to make use of the price range to amplify operations and its trade succeed in.

Co-founded by means of Kevin Moody and Dennis Xu, Mem supplies an AI powered work-focused app that permits customers to enlarge their creativity, automate the works, and keep arranged routinely. Customers can take notes, ship hyperlinks and save photographs the usage of SMS, messengers and the gadget’s cell consumer. Options allow group individuals to paintings on notes and at once connect them to calendars shared with different individuals.



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