According to Foresight News, financial crime compliance platform Castellum.AI has successfully raised $8.5 million in a Series A funding round. The investment was led by Curql, with participation from BTech Consortium, Framework Venture Partners, Spider Capital, Remarkable Ventures, and Cameron Ventures.
Castellum.AI specializes in providing compliance services to community banks, sponsor banks, cryptocurrency exchanges, and financial services companies. The funding will support the company's efforts to enhance its compliance solutions and expand its reach in the financial sector.