SAN JOSE, Calif.: AGAPE-1 Technology Inc. (“Agape-1”), a Silicon Valley based Artificial Intelligence (AI) company with autonomous security robots and drone prototypes, has engaged Castle Placement LLC, a Wall Street firm, to raise $5–$8 million for the commercialization of Agape-1’s AI security robotics.

Agape-1 business operates in both the San Francisco Bay Area and Los Angeles region, to market its proprietary CDDS platform, an autonomous AI security system for surveillance and threat detection supported by its 110 U.S. patents filed, and to build its UAV assembly.

Leveraging on its AI technology, Agape-1 plans to use this capital injection to build its U.S. production for sales, and to position itself becoming a defense subcontractor with its four retired generals as military advisor /mentor.

“We are pleased to work with Castle Placement LLC as we advance Agape-1’s growth,” said Howard Ho, PhD (Yale University, and a former IBM leader), Acting CEO. “This capital will accelerate manufacturing, and position the company toward a potential NASDAQ IPO as an emerging growth company.” Castle Placement Agency will assist in identifying investors and provide M&A advisory services, subject to definitive agreements.

About AGAPE-1 Technology Inc.

AGAPE-1 Technology Inc. incorporated in Delaware in 2019. Its R&D is performed by 17 PhDs with strong academic backgrounds and with 300-years of accumulated experience. Its business advisors include a former NASDAQ listed company’s CEO. For more information, visit http://www.agape-1.ai, or call (408) 478-1936.

Forward-Looking Statements

This release contains forward-looking statements regarding capital raising, product development, manufacturing, and potential government opportunities. Actual results may differ materially, and there is no assurance the financing will be completed or that any capital will be raised.

Fonte: Business Wire