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Cardumen Capital sells Loops to Salesforce and Illumex to Nvidia

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Spanish venture capital firm Cardumen Capital sold its portfolio company Loops to Salesforce, according to co-founder Igor de la Sota. Loops, founded in 2020, develops an AI-based business predictive analytics platform, and its technology and team will be integrated into Tableau. The amount was not disclosed, though market sources point to about $30 million. In February, Cardumen had already sold Illumex to Nvidia. The firm, founded in 2018, has more than 400 million euros under management.

In 40 seconds

  • Cardumen Capital sells Loops to Salesforce; the amount was not disclosed and market sources point to about $30 million.
  • Loops, founded in 2020, develops AI-based business predictive analytics and will be integrated into Tableau, Salesforce's analytics division.
  • In February Cardumen had already sold Illumex to Nvidia, whose technology is linked to the adoption of agentic AI.
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IASummary generated by artificial intelligence from a story by Cinco Días. It may contain errors: the original source prevails.

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