3 years ago

Silico Secures £3.4 Million Seed Funding to Enhance AI Decision-Making Platform

  • Silico, an AI-powered decision-making platform based in London, has raised £3.4 million in a seed funding round led by Join Capital

  • The funding will be used to expand the company's engineering team, enhance its AI recommendation function, and expand its reach across Europe

  • Silico's platform uses simulation technology to allow clients to test the impact of different business decisions in a risk-free environment

  • The company is already working with global enterprises across a variety of industries, including Vodafone.

    • ProblemTechnology

      "Businesses struggle to make informed decisions due to the complexity of real-world scenarios and the lack of a safe environment to test different outcomes."

      Solution

      "Silico provides an AI-powered platform that simulates real-world scenarios, allowing businesses to test different decisions and outcomes in a risk-free environment before implementing them in the real world."

      Covered on