Conduct

AI operating system startup Conduct has successfully secured a Series A funding round totaling £44.72 million ($60 million) to advance its platform for managing complex enterprise software systems with AI.

Summary of transaction details:

• Value: £44.72 million ($60 million)
• Sector: DeepTech & AI
• Advisor: Not disclosed
• Key Entities: Target: Conduct; Lead Investors: Index Ventures, ICONIQ; Strategic Investors: SAP, Creandum, Lucid Capital, Booom.
• Location: Not specified

Note: This funding round will empower Conduct to further develop its "AI operating system" solution, which aims to help large enterprises overcome the challenges of integrating AI into their highly customized and often opaque legacy IT environments, making systems more legible and operable for AI agents and improving critical business processes.