Reliant AI Emerges with $11.3M Seed Round

Reliant AI, a new player in generative AI-powered data analytics, has unveiled itself with a $11.3 million Seed funding round.

• Expert Founders: Reliant AI was founded by Karl Moritz Hermann, Marc Bellemare, and Richard Schlegel, former leaders at DeepMind, Google Brain, and EY Parthenon. Their goal is to leverage generative AI to enhance data analysis and decision-making in life sciences.

• Flagship Product: The company's primary offering, Reliant Tabular, automates systematic reviews, asset scans, and comprehensive analyses, significantly reducing the time required for data processing.

• Funding Overview: The $11.3 million funding round was led by Tola Capital and Inovia Capital, with participation from angel investor Mike Volpi.

• Expansion Plans: The company will use the funding to expand its technology and team, with a focus on increasing its presence in Europe and North America.

Reliant AI aims to transform life science data analysis through its advanced AI solutions, positioning itself as a significant player in the industry.