## Spangle Raises $15 Million to Expand AI Spangle, the startup led by former Bolt CEO Maju Kuruvilla, has announced a $15 million Series A funding round. The primary goal is to enhance and expand its innovative shopping experiences generated through artificial intelligence. This new funding has brought Spangle's valuation to $100 million, effectively tripling its previous value. The company focuses on developing solutions that improve the online shopping experience, leveraging the potential of AI to offer a more personalized and efficient service. ## The Context of Startup Funding Series A funding rounds represent a crucial phase for growing startups. This type of investment allows companies to scale their operations, expand their team, and invest in new technologies. Investor interest in Spangle underscores the perceived potential in AI solutions applied to the e-commerce sector.