Australian startup AI raises $8.15 million to use AI agents for anti-fraud efforts
2026-10-17 13:31:36
According to CoinMeta, an Australian AI startup Apate.ai has completed a $8.15 million seed round of financing. The company used AI proxies to impersonate victims and obtained information such as bank card numbers and cryptocurrency wallet details through conversations with scammers, assisting institutions like the Australian Federal Bank and TPG Telecom in shutting down fraud channels. To date, the company has conducted over 2.5 million conversations, extracted more than 250,000 pieces of intelligence, and has raised nearly $10 million in total.
Source:Internet
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