# Palona AI

> Multimodal AI operating layer for physical businesses, proven first in restaurants.

## Why it is interesting

August 17, 2026: Series A brings total funding to $20M including converted SAFEs. Neo participated; Ardenwood led per secondary. Named customers include Din Tai Fung. Ships eleven days before Owner’s $2.3B Series D in the same buyer class.

## Profile

- **Latest funding:** Series A — $20M total (incl. SAFEs) (August 2026)
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** $20M
- **Stage:** series-a
- **Status:** private
- **Industries:** ai-ml, enterprise-saas, consumer
- **Coverage:** full
- **Last updated:** 2026-08-30
- **Latest funding investors:** Ardenwood Ventures, Neo

## Key facts

- Aug 17, 2026: $20M total Series A incl. SAFEs (PR Newswire)
- Neo participated; Ardenwood lead per SiliconANGLE/Foley
- Named: Din Tai Fung, Mountain Mike’s, Giordano’s, Rooted Hospitality, Cali BBQ
- No ARR or valuation disclosed

## Funding history

- Series A · $20M total (incl. SAFEs) · August 2026
  Source: https://www.prnewswire.com/news-releases/palona-ai-unveils-the-multimodal-ai-operating-layer-for-physical-businesses-302852139.html

## Investors in our directory

- https://venturecapitaltracker.com/fund/neo

## Related articles

- https://venturecapitaltracker.com/2026-palona-20m-series-a-neo-restaurant-ai
- https://venturecapitaltracker.com/2026-august-29-30-investment-news-restaurant-apps-trust
- https://venturecapitaltracker.com/2026-august-vc-news

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** August 30, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/palona