Dec 1, 2017 Elsa Snellman
Founded at Singularity University in 2015, Iris.ai now has home bases in Oslo, Berlin, and Sofia, and its team of 12 people is growing fast. Founders Anita Schøll Brede, Maria Ritola, Victor Botev and Jacobo Elosua come from Norway, Finland, Bulgaria/Sweden and Spain. The company’s business model is delivering the software to larger companies’ R&D departments, and they work with several global brands including large energy, aerospace engineering, pharma and forestry companies. They have found an initial solid interest in the material science space.
Next Nordic Tech Superstar Announces New Tokenization System, Doubling Of Revenue
Iris.ai had some big news to announce at Founder Stage on Friday. Closing their seed round, they have raised $2M from Nordic Impact, INDEX: Design to improve life, Bakken & Baeck Invest and a number of Scandinavian angel investors. They have also doubled their revenue every quarter this in 2017, and they’re currently at capacity for new clients until closer to Q2 2018.
“We have talked to a lot of VC’s over the past couple of years, and we are very excited that we have the team behind Nordic Impact join our journey. We share a very similar mindset, we see the world in the same light and we agree that making a profit is great but that it’s really the positive impact of what we can build that truly matters”, Anita Schjøll Brede says. “We want to get to a point where any driven individual with a big problem to solve can collaborate with our AI researcher to quickly establish what interdisciplinary solutions already exist, and what still needs to be discovered. Our human brains can only hold so much information – we need a machine to collaborate with us on this!”
The company has always had a close eye on their community. They are offering an entirely free version of the exploration tool to individual researchers across the world, and through this have recruited an AI Trainer community of more than 8000 individuals who are helping train the tool. They see a strong value in this community and aim to spend more time and resources building this out, now that the financing is in place.
This strong affiliation with the community is very visible in the exciting announcement made on Founder Stage on Friday. Iris.ai has spent two years building a system that helps people map out existing scientific knowledge in 90% less time than is possible currently. However, they also consider transparency and openness their key values, and want to do more beyond working with merely revenue-driven, large corporations. Which is exactly why they are launching a new concept involving tokens: anyone contributing to the development of Iris.ai’s tools is rewarded with tokens which can be redeemed to use any and all of their core services.
The Future of Science Should Be Transparent, Open and Accessible. The tools Iris.ai are offering are the first in a row to build first a Knowledge Validation Engine – a tool where you can check your hypothesis or argument up against all of the world’s research and eventually a fully fledged AI researcher which will build and test new knowledge. Iris.ai is on its way to transform from Science Assistant to fully-fledged, curious Scientist – and we can’t wait to see the impact Iris.ai will have on the scientific community – and beyond. Science – like entrepreneurship – belongs to everyone.
Ground control to Slush Tokyo 2019! We have a little over a month left to the event, and we want to make sure you know that you can still apply for your startup pass and demo booth. Here’s how: 1. Apply for your pass on the Slush Platform 2. Wait for your application to be […]
Last January 11, 2019, Slush Tokyo held its first official side event for Slush Tokyo 2019. The Media Roundtable was created for attending media companies to meet the team, get exclusive news and hear about secret projects that have yet to be publicly released. The event started off with a brief history lesson on how […]
Ever wondered what it would be like to sit and chat with an investor? Curious about what’s going on in their mind? We all know about the founders and their vision – so we thought of shifting the spotlight. Today Slush Tokyo 2019 launched Investor Insights, its brand-new VC initiative comprising of a series of […]
Hello to all startups out there and everyone considering Slush Tokyo 2019! Here’s a little breakdown of how this event works: So you have your startup pass – with this you can attend stage programs, access our matchmaking tools, and consult with mentors at the meeting area. *applications for pitch contest are now closed. But […]
Although Slush Tokyo’s big event only happens during the first quarter, smaller events are held throughout the year. One of the projects that has been going on for the past few years is the Recruiting Event. With Japan’s traditional recruitment scheme, Slush Tokyo aims to give students another option and view when it comes to […]
Japan’s biggest startup event, SLUSH Tokyo, is looking for pitch contest applicants! 22-23, February 2019 at Big Sight, Tokyo. As the biggest all-English, non-profit, student-run organization, Slush Tokyo has gathered over 6000 attendees, 600 startups, in just 4 years of its existence, with the mission to redefine and nurture the Japanese startup ecosystem. Please apply […]
for Startups, Inc. and Slush Tokyo has struck a whole new partnership aimed at driving the startup ecosystem forward.Co-hosting and rebranding the Meeting Area plus introducing a Mentoring Program aimed to help startups of all stages. for Startups has been a long time Slush Tokyo partner since 2015. In this collaboration, for Startups, Inc. will […]
Global Impact Community event was where Slush guests interested in sustainable development and impact ventures came together to turn their thoughts into action. This year, the event was co-hosted with Demos Helsinki, the leading Nordic think tank that works towards a sustainable, fair society. The focus of the night was on measuring impact, supporting sustainable […]
This year, Slush launched a sustainability competition for our partners that awards the top most sustainable booths at Slush. It’s all been a part of our mission to make our event more sustainable, and since a large part of the event space is produced by and for partners, it’s crucial to get everyone onboard. Those […]
Read the most comprehensive data-driven analysis of European technology
We collect cookies to make your experience here smoother.