AI automation startup Tessera Labs raises $60 million, led by a16z
2026-05-08 11:59
The Odaily AI automation startup Tessera Labs has announced the completion of a $60 million funding round, led by a16z, with participation from Foundation Capital, Myriad Venture Partners, and Osage University Partners, among others. The company currently focuses on leveraging AI to automate enterprise SAP and ERP migration and modernization processes. Its AI-native platform can compress enterprise transformation project timelines from years to weeks and reduce costs by more than half. (TechFundingNews)
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