MoBagel Announces $21M in Funding for its No-code AI/ML Platform

MoBagel, a US-based startup dedicated to no-code AI for teams that build AI solutions together, announces a series A+ round which brings total funding to more than $21 million. Investors include Kymco Capital, CDIB-Innolux Capital, USI Capital, Wistron Digital, SparkLabs Taipei, Singtel Innov8, CyberAgent, and 500 Startups.

MoBagel provides a no-code AI platform that empowers data scientists, domain experts, and business stakeholders to seamlessly design and deploy AI solutions. 

Kymco Capital, who has previously backed Southeast Asia’s biggest ride-hailing service Grab, is confident that “MoBagel’s no-code AI can bring huge impacts to the electric mobility ecosystem and help companies achieve ESG targets.”

“Wistron’s strategic investment in MoBagel is a collaboration that enriches innovations of AI to manufacturing,” said Kuang-Yu Wang, VP of Strategic Planning at Wistron.

“Our no-code AI has enabled Fortune Global 500 medical companies to quickly build AI solutions together with their data scientists and supply chain experts, resulting in prompt and efficient delivery of vaccines in the midst of freight costs that have surged 10 times, ”said Che-Min Chung, co-founder and CEO of MoBagel.

MoBagel has achieved several years of strong growth and positive net income and is dedicated to becoming the market leader for AI-enabled ESG.