IdentifAI Raises €2.2 Million in Seed Round

by Kay Aloha Villamor in September 3rd, 2024

IdentifAI, a Milan, Italy-based startup focused on detecting AI-generated content, has raised €2.2 million in seed funding. 

Investors 

The funding round was led by United Ventures, with additional support from business angels including Edoardo Alessandri of Wellness Holding, Matteo Fago (co-founder of Venere.com), and Umberto Paolucci of UP Invest. 

Founded in 2013, United Ventures is a venture capital firm that backs bold entrepreneurs developing innovative products and technologies. Based in Milan, Italy, the firm supports companies at various stages, from seed and early stages to growth. 

IdentifAI Use of Funds 

The investment will help IdentifAI advance its technology for distinguishing between human-created and AI-generated content, addressing the growing challenge of deepfakes and other forms of misinformation. 

About IdentifAI 

IdentifAI is an innovative platform driven by advanced artificial intelligence technologies that aims to distinguish between creative works produced by humans and those generated by AI systems. It focuses on ensuring transparency and authenticity in the realm of generative AI. By employing cutting-edge AI models, linguistic analysis, and artistic style identification, IdentifAI provides a reliable solution for individuals to determine the origin of various forms of content, including text, music, and images. 

Funding Details 

Company: IdentifAI Labs 

Raised: €2.2M 

Round: Seed Round 

Funding Date: September 2024 

Lead Investor: United Ventures 

Additional Investors: Edoardo Alessandri, Matteo Fago, Umberto Paolucci 

Company Website: https://identifai.net/  

Software Category: AI Content Detection 

Source: https://www.eu-startups.com/2024/09/milan-based-identifai-gets-e2-2-million-to-detect-fake-ai-generated-content-online/ 


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