{"id":18367,"date":"2021-10-27T03:00:00","date_gmt":"2021-10-27T03:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/10\/27\/sentient-io-secures-real-tech-fund-as-lead-investor-in-its-series-b1-round\/"},"modified":"2021-10-27T03:00:00","modified_gmt":"2021-10-27T03:00:00","slug":"sentient-io-secures-real-tech-fund-as-lead-investor-in-its-series-b1-round","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/10\/27\/sentient-io-secures-real-tech-fund-as-lead-investor-in-its-series-b1-round\/","title":{"rendered":"Sentient.io Secures Real Tech Fund as Lead Investor in its Series B1 Round"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>SINGAPORE &#8211; <a href=\"https:\/\/www.media-outreach.com\/\">Media OutReach<\/a>&#13;<br \/>\n&#8211; 27 October 2021 &#8211; Singapore-based AI startup, Sentient.io, announced today&#13;<br \/>\nthat Real Tech Fund has invested in its Series B1 funding round. Real Tech Fund&#13;<br \/>\nis managed by Real Tech Holdings Co., Ltd out of Japan.\u00a0 Its investment in Sentient.io is the Fund&#8217;s&#13;<br \/>\nthird invested company. Sentient.io is also backed by A*ccelerate Technologies,&#13;<br \/>\nthe commercialising and venture arm of Singapore&#8217;s leading Agency for Science,&#13;<br \/>\nTechnology and Research (A*STAR), global technology venture capital team from&#13;<br \/>\nBEENEXT and several Japanese companies such as, Digital Garage Group together&#13;<br \/>\nwith ABC Dream&#13;<br \/>\nVentures which is a corporate venture capital firm of Asahi Broadcasting&#13;<br \/>\nGroup Holdings Corporation. To date, the Company has raised more than USD$6&#13;<br \/>\nmillion in investment since its inception in May 2017. <\/p>\n<p>\u00a0<\/p>\n<p>Sentient.io has built a unique AI and Data platform of over 60&#13;<br \/>\nAI functions that software developers can &#8220;assemble like Lego&#13;<br \/>\nblocks&#8221;.\u00a0\u00a0 This will empower&#13;<br \/>\nsoftware developers to pick from its pre-trained AI microservices that can help&#13;<br \/>\nthem to create smart applications that are powered by AI and for big data&#13;<br \/>\nowners like government and multinational companies to generate new values from&#13;<br \/>\ntheir data assets.\u00a0 <\/p>\n<p>\u00a0<\/p>\n<p>The new fundraising is used for scaling the platform and&#13;<br \/>\nbusiness into Asia-Pacific markets, especially to fulfil the surging demand for&#13;<br \/>\nDigital Transformation from Japanese corporations. <\/p>\n<p>\u00a0<\/p>\n<p>Mr Christopher Yeo, Founder and CEO of Sentient.io, said: &#8220;We&#13;<br \/>\nare pleased to welcome Real Tech Fund in our Series B1 funding round.\u00a0 Real Tech Holdings understands that building&#13;<br \/>\nAI applications require a high level of expertise and a long period to master&#13;<br \/>\nthe technology.\u00a0 We believe that our&#13;<br \/>\ncollaboration with them will accelerate innovative solutions and bring these to&#13;<br \/>\nthe market at a quicker pace. This will also help to fulfil our vision of&#13;<br \/>\nbenefiting humanity with augmented intelligence.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>The size of the AI market for voice and image recognition is&#13;<br \/>\nexpected to reach US$98.8 billion by 2025.\u00a0&#13;<br \/>\nDespite this expected growth in AI demand, the challenges for companies&#13;<br \/>\nto adopt AI include the lack of AI knowledge and building capabilities, the&#13;<br \/>\nlack of algorithms that can be applied to the user&#8217;s industry domain, or the&#13;<br \/>\nhigh cost of implementing AI solutions.<\/p>\n<p>\u00a0<\/p>\n<p><a name=\"_heading=h.30j0zll\"\/>Daiki Kumamoto, Global Fund&#13;<br \/>\nLeader and Growth Manager of Real Tech Holdings Co., Ltd. said: &#8220;Sentient.io has developed&#13;<br \/>\nan easy to use platform and UI\/UX that allows pre-trained microservices to be&#13;<br \/>\nintegrated into business applications via Application Programming Interface&#13;<br \/>\n(API), and is particularly popular in Southeast Asia. One particular popular&#13;<br \/>\ntechnology has algorithms that can process and hone in on voice activities from&#13;<br \/>\ntraining data in order to recognise the unique English &#8220;accent&#8221; of&#13;<br \/>\nSoutheast Asia countries such as &#8216;Singlish&#8221; in Singapore.\u00a0 As a strategic partner and investor, we will&#13;<br \/>\nsupport Sentient i.o&#8217;s entry into the Japanese market and will continue to&#13;<br \/>\naccelerate collaboration with Japanese companies&#8221;.<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-10-27\/101088\/sentient-io-secures-real-tech-fund-as-lead-investor-in-its-series-b1-round\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; Media OutReach&#13; &#8211; 27 October 2021 &#8211; Singapore-based AI startup, Sentient.io, announced today&#13; that Real Tech Fund has invested in its Series B1 funding round. Real Tech Fund&#13; is managed by Real Tech Holdings Co., Ltd out of Japan.\u00a0 Its investment in Sentient.io is the Fund&#8217;s&#13; third invested company. Sentient.io is also backed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18368,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18367"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18367"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18368"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}