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RapidCanvas Raises ~$29M Series B Led by Vertex Ventures and Hitachi Ventures for Agent-Built Enterprise AI

Summary

Austin-based RapidCanvas — a hybrid platform that pairs autonomous AI agents with a no-code interface to let enterprises stand up custom production AI — closed a roughly $29M Series B led by Vertex Ventures and Hitachi Ventures, per Axios. The company says its agents automate up to 75% of work normally done by in-house data scientists.