TrueFoundry secures $19 million to transform AI deployment at scale

TrueFoundry, a leading AI deployment and scaling platform, said it has raised $19 million in Series A funding, led by Intel Capital. Existing investors Eniac Ventures and Peak XV’s Surge (formerly Sequoia Capital India & SEA) participated, alongside new investor Jump Capital and several angel investors, including Gokul Rajaram, Mohit Aron, Cyan Banister, and executives from Fortune 1000 companies. In conjunction with the financing, Avi Bharadwaj, investment director at Intel Capital, will join TrueFoundry’s board of directors.