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Fresha, a beauty and wellness marketplace platform, has secured a US$31 million venture debt facility from J.P. Morgan. This funding will enhance Fresha's market presence and support advancements in machine learning and AI-powered robotics. To date, Fresha has raised over US$185 million in venture capital, including a significant US$150 million Series C round led by General Atlantic in 2021.
As Fresha approaches profitability, the partnership with J.P. Morgan is set to revolutionize the beauty and wellness sector. The goal is to make advanced technology accessible to businesses of all sizes, fostering innovation and leveling the playing field in the industry. This strategic move highlights the growing importance of AI in enhancing operational capabilities and customer experiences.
• Fresha secures funding to enhance AI capabilities and market presence.
• Partnership with J.P. Morgan aims to revolutionize beauty and wellness technology.
Fresha plans to advance its machine learning capabilities to enhance its service offerings.
Fresha aims to integrate AI-powered robotics to streamline operations in the beauty and wellness sector.
Fresha is leveraging new funding to enhance its AI capabilities and market reach.
J.P. Morgan's partnership with Fresha supports the latter's expansion and technological advancements.
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