Fusemachines raises $2.5 million via convertible note with $4.2 fixed conversion price

Reuters2026/08/04 10:05

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Fusemachines announced a USD 2.5 million strategic investment from Meteora Capital through a convertible note priced to convert at USD 4.2 per share.
The financing also includes 2,050,000 cash-exercise warrants at USD 4.2 per share, implying up to USD 8.61 million of additional proceeds.
Total potential funding could reach USD 10.66 million if the warrants are fully exercised.
The note and warrants carry fixed pricing with no resets or ratchets.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fusemachines Inc. published the original content used to generate this news brief on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Fusemachines raises $2.5 million via convertible note with $4.2 fixed conversion price

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