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."