Nijta, a Lille, France-based B2B company originating from the Inria Startup Studio, secured €2 million in funding.
SaaS Investors
The investment was from various sources including Elaia and Finovam Gestion.
Founded in 2002, Elaia Partners is a venture capital firm based in Paris, France. The firm seeks to invest in early-stage companies operating in tech-intensive B2B, digital, deep technology, and biotech sectors.
Finovam Gestion is a venture capital investment firm based in Villeneuve d'Ascq, France. Founded in 2013, the firm seeks to make investments in companies operating in information technology, communication, healthcare & biotechnology, bio-economy, internet of things, data intelligence, cloud computing, cybersecurity, additive manufacturing, augmented reality & virtual reality, and energy sectors.
Nijta Use of Funds
The company will use the funding to accelerate its R&D efforts and strengthen its presence in the market. Additionally, the startup is working on multilingual capabilities, with plans to target Europe and Asia and plans to venture into B2C markets.
About Nijta
Nijta is a deeptech company committed to protecting the voice data of businesses and individuals from privacy threats. The company specializes in AI-powered speech anonymization technology, offering solutions for General Data Protection Regulation (GDPR)-compliant voice data processing. This ensures secure and private voice communication that can be utilized for analytics and AI model training without compromising individual privacy. Its technology finds applications in call centers, particularly those handling sensitive data such as health information. Nijta also caters to defense and edtech sectors.
Funding Details
Company: Nijta SAS
Raised: €2.0M
Round: Unknown
Funding Month: March 2024
Lead Investors: Elaia and Finovam Gestion
Additional Investors:
Company Website: https://nijta.com/
Software Category: Voice AI
Source: https://techcrunch.com/2024/03/11/nijta-voice-privacy-ai/