Tech Company Financing Transactions
Iris.ai Funding Round
Iris.ai, based in Stabekk, raised $8.3 million from Silverline Capital and European Innovation Council Fund.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$8,300,000
Round
Undisclosed
Investors
Silverline Capital (Lead Investor) (Evgeny Angelov)
Proceeds Purpose
With this investment, Iris.ai plans to further develop its flagship offering, the RSpace. In 2023, Iris.ai developed a solution for the RSpace to measure the factual accuracy of its outputs and will use the investment to further increase the platform's factual capabilities, enabling streamlined processes for researchers at corporations and universities.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Michelets vei 54b
Stabekk, 1368
NO
Stabekk, 1368
NO
Phone
Undisclosed
Website
Email Address
Overview
Developer of a research assistance tool designed to help search and map millions of open-access research papers. The company's tool uses a combination of keyword extraction, word embeddings, neural topic modeling, and artificial intelligence to review research papers or patents, find the right documents, extract all their key data or identify the pieces of knowledge, enabling research teams to conduct secondary scientific research with the assistance provided by a search engine that deploys natural language processing algorithms.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Anita Abildgaard
Chief Technical Officer
Victor Botev
Co-Founder
Jacobo Elosua
Co-Founder
Maria Ritola
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