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Peak XV Partners-backed AI startup Atlan raises $105 mn

Singaporean AI startup Atlan has secured $105 million in a funding round led by GIC and Meritech Capital, valuing the company at $750 million. Atlan offers a data stack that combines data from various sources into a single interface, catering to clients such as Autodesk, Ralph Lauren, Nasdaq, and News Corp. The funds will be used to further develop products and expand operations. Atlan's revenue has increased sevenfold in the past two years, with a 400% growth in enterprise sales in Q1 2022.

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