Verify Raises €1 Million in Funding to Enhance AI Algorithm and Expand Market Presence
Verify Raises €1M in Funding
Verify's Funding and Expansion
Key Highlights:
- Funding: Raised €1 million in funding from investors including Niels Bouwman, Chris Hall, and Google.
- AI Algorithm: Developed an AI algorithm that embeds an invisible fingerprint in images and videos, ensuring authenticity and enabling traceability.
- Applications: Technology can be used to combat fake news, copyright infringements, and differentiate between human-generated and AI-generated content.
Verify's Target Market
- Media and Publishing Industry: Companies in need of tools to verify the authenticity of images and videos, especially in combating fake news and copyright issues.
- Online Platforms and Social Media Networks: Platforms seeking solutions to detect and prevent the spread of manipulated or misleading visual content.
- Academic and Research Institutions: Organizations involved in studying and analyzing digital media and its impact on society.
What Verify Needs to Buy
- Talent Acquisition: Hiring skilled AI developers and data scientists to further enhance their AI algorithms and expand their capabilities.
- Market Expansion: Establishing a stronger presence in Europe and the United States through partnerships with channel partners and resellers.
- Partnerships and Collaborations: Collaborating with media organizations, online platforms, and research institutions to further develop and refine their technology.