# Conduct raises $60M to speed up software modernization projects

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-06-18T00:53:09.000Z  
> **Category:** FUNDING  
> **Impact Score:** 130/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/06/17/conduct-raises-60m-speed-software-modernization-projects)  
> **Canonical Citation:** [https://spidits.com/timeline/conduct-raises-60m-to-speed-up-software-modernization-projects](https://spidits.com/timeline/conduct-raises-60m-to-speed-up-software-modernization-projects)

## Executive 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...

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/06/17/conduct-raises-60m-speed-software-modernization-projects)**: Conduct raises $60M to speed up software modernization projects — _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..._

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