Etiq AI, the female-founded AI-startup based in London, UK, has announced it has raised EUR900,000 in seed funding led by GapMinder VC, following previous grant funding of £1 million from InnovateUK, and will be used to scale its newly launched “Data Science Copilot”, a platform designed to radically accelerate debugging and testing for machine learning models.
GapMinder VC, one of the largest venture capital funds focused on investments in tech startups of Romania and other Eastern Europe countries, aims to invest this year in five-six new companies around EUR10 million of its second fund totally worth EUR80 million.
Investment fund GapMinder II has led a EUR2 million funding round in Genezio, a startup co-founded by Andrei Pitis, announced Dan Mihaescu, a founding partner at the fund.
DRUID, a local startup specialized in developing chatbots, has attracted new financing totaling $2.5 million in a financing round led by investment fund GapMinder with $2.2 million.