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Conduct raises $60M to speed up software modernization projects
Summary
Conduct AI Ltd today announced that it has raised $60 million in funding to enhance its namesake code modernization platform. Index Ventures and ICONIQ co-led the Series A investment. They were joined by SAP SE along with returning backers Creandum, Lucid Capital and Booom. The off-the-shelf softwar
Why It Matters
Signals increasing investor interest and capital allocation in AI startups.
Referenced Coverage & Sources
Conduct raises $60M to speed up software modernization projects
SiliconANGLE•Jun 18, 2026
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