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Cogna's AI-powered SaaS raises £3.76M to improve industry problem-solving

📅 Date:

🔖 Topics: Funding Event

🏢 Organizations: Cogna, Hoxton Ventures

London-based Cogna announced it has raised £3.76 million to transform how traditional industries solve unique, difficult problems. The funding round was led by Hoxton Ventures, with participation from Notion Capital and Octopus First Cheque Fund, and a roster of angel investors including Stan Boland (Founder, Icera); Hermann Hauser (of Amadeus Capital Partners); Professor Neil Lawrence (DeepMind Professor of Machine Learning, Cambridge); Zayd Enam and Tim Shi (Founders of Cresta); Ping Wu (CEO of Cresta); and Aviv Nevo, Nick Elliot (Helsing).

Founded in 2023, Cogna is a SaaS company using AI to create highly customised software applications, selling them as a standard SaaS licence to numerous companies. Cogna’s AI-driven SaaS platform simplifies the integration of data across different business areas and gives domain experts the ability to create their own customised software tools in collaboration with AI – to drive analysis, optimisations and decisions that deliver vast improvements.

Read more at Tech EU