NOSIBLE, an emerging artificial intelligence (AI) startup, has successfully raised $1 million in pre-seed funding to enhance its growth marketing initiatives, expand sales operations, and accelerate its go-to-market strategy.
Founded in 2020 by Stuart Reid, NOSIBLE offers two primary products: a robust search engine API that delivers real-time and historical data insights for businesses, and nosible.ai, a consumer-oriented platform featuring highly specialized AI agents aimed at optimizing asset management tasks.
The funding round was led by Atlantica Ventures, with additional strategic investments from existing customers.
This capital injection will support NOSIBLE in launching targeted marketing campaigns, scaling its sales operations, and fast-tracking its entry into the market.
NOSIBLE’s search engine is uniquely optimized for disk usage, supporting native pre-filtering, compression, streaming, bulk querying, and real-time hyperparameter tuning. These features combine to create a solution that is reportedly 100 times more cost-effective than current large-scale search technologies, enabling more intelligent AI agents through enhanced search capabilities.
With this funding, NOSIBLE aims to establish itself as a leading AI provider for asset managers, offering innovative solutions that streamline operations and enhance decision-making processes.
Read more on Tech Gist Africa:
Trade Shield, a South African fintech startup Trade Shield raises $820k in funding
Jem HR, a South African startup has closed a US$3.3 million pre-Series A funding round
Khula, a South African agri-tech startup has raised US$6.8 million
