Former Palantir employees raise $60M for AI enterprise startup Conduct

A London-based AI startup founded by three former Palantir employees, which is looking to modernise ERP systems, has raised $60m in new funding. The Series A investment in Conduct was co-led by new investors Index Ventures and Iconiq, with a strategic investment from another new investor, SAP, with participation from existing investors Creandum, Lucid Capital and Booom. Conduct has raised around $72m in total, following a $12m seed round last year.