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Acoru Raises €10M to Combat Money Mule Schemes and Enhance Financial Scam Prediction

Madrid-based Acoru, a company specializing in technology to prevent AI-enabled fraud and money laundering, has successfully raised €10 million in a Series A funding round. The round was led by 33N Ventures, with additional participation from existing investors including Adara Ventures. Acoru aims to use this funding to disrupt money mule activities and improve the prediction and prevention of financial scams through advanced technological solutions.

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