Deals

OpenRefactory, Deep-Tech Coding Platform Raises US$100K from Startup Bangladesh Limited

OpenRefactory, Deep-Tech Coding Platform Raises US$100K from Startup Bangladesh Limited

OpenRefactory is a deep-tech coding platform that uses deep static analysis and advanced machine learning to deliver intelligent code repair of unprecedented accuracy and precision along with code refactoring to synthesize corrections. The company has recently raised US$ 100K from Startup Bangladesh Limited, the ICT Division of Bangladesh's flagship venture capital organization.

Sami Ahmed, Managing Director of Startup Bangladesh Limited said, “Our mission is to support and create a vibrant environment in the Bangladeshi startup ecosystem for startups to thrive. Prospective ventures such as OpenRefactory have a substantial impact on the Artificial Intelligence sector. With the right approach and focus, OpenRefactory will be able to set a remarkable example as a viable and profitable startup in the ecosystem.”

Mushfique Manzoor, Managing Director and Co-founder of OpenRefactory, “Till date more than 95% of all fundamental innovations in computer science have been done in the first world countries. For the first time, a company with Bangladeshi talent, technology and capability is bringing an innovative solution to a fundamental problem of computer science. We are truly delighted to have Startup Bangladesh on board this exciting journey.”

Continue Reading