7 years ago
Aistemos Raises £3 Million in Series A to Expand Patent Analytics Platform
Aistemos, a UK-based provider of patent analytics software, secured £3 million in Series A funding led by Beringea
The company plans to expand its core product, Cipher, develop sector-specific products, and grow its team
Cipher uses AI and machine learning to analyze patents, serving clients like BAE Systems, ARM, and ABB
The company recently launched Cipher Automotive, focusing on patented technologies in the automotive sector.
ProblemTechnology
"Companies struggle to understand the vast amounts of patent data available, making it difficult to make informed decisions about innovation and intellectual property."
Solution
"Aistemos's Cipher software uses AI and machine learning to analyze and classify patent data, providing insights into technological trends, competitor activity, and potential infringement risks. "